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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Core Benefits Setup | 10% | - Configure organization and plan year structures - Understand Oracle Benefits Cloud architecture - Define carrier and third-party integrations - Set up benefit plan components and hierarchies |
| Topic 2: Benefits Design and Configuration | 30% | - Set up benefit classifications and plan types - Define rate definitions and contribution calculations - Configure eligibility profiles and rules - Plan and configure benefit plans and options |
| Topic 3: Integration and Data Migration | 20% | - Set up HR and payroll integration flows - Manage benefit data migration and bulk loading - Configure fast formulas for benefit calculations - Integrate Benefits with HCM payroll and HR |
| Topic 4: Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Handle dependent and beneficiary management - Manage life events and qualifying event processing - Configure enrollment rules and default elections |
| Topic 5: Reporting and Administration | 15% | - Create and manage benefit reports and analytics - Administer benefit elections and updates - Configure flex credit and cost sharing - Manage self-service benefit enrollments |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?
A) 130
B) 32.5
C) 40
D) 30
2. An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option''s rate amount isn''t displayed in the total summary section on the right side of the page.
Which is a reason for this problem?
A) The rate activity type for payroll information is configured as cost.
B) The rate activity type for payroll information is configured as employee contribution.
C) The rate is inactive.
D) The rate is configured as secondary rate and not primary rate.
3. Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?
A) Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
B) Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
C) Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
D) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
E) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
4. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?
A) 130
B) 32.5
C) 40
D) 30
5. Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
A) All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
B) All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
C) All plans can be configured at the plan level.
D) All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |
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