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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Integration and Data Migration | 20% | - Set up HR and payroll integration flows - Configure fast formulas for benefit calculations - Manage benefit data migration and bulk loading - Integrate Benefits with HCM payroll and HR |
| Topic 2: 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 |
| Topic 3: 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 4: Enrollment and Life Events | 25% | - Handle dependent and beneficiary management - Manage life events and qualifying event processing - Set up enrollment periods and open enrollment - Configure enrollment rules and default elections |
| Topic 5: Benefits Design and Configuration | 30% | - Configure eligibility profiles and rules - Set up benefit classifications and plan types - Plan and configure benefit plans and options - Define rate definitions and contribution calculations |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. Rate is inactive
A) Rate visibility issue
B) Reinstatement rule events
C) Valid type of life event
D) Creation of enrollment results
2. As of event start date
A) Life event start date
B) Termination life event configuration
C) Valid type of life event
D) Creation of enrollment results
3. A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?
A) Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.
B) Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program.
C) The amount of deduction from employee pay check for enrollment is varied based on a life event.
D) Life events affect benefits processing for a participant.
4. Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
A) Standard Rate Value
B) Standard input Value
C) Standard Coverage Volume
D) Standard wash Rule formula
5. Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
A) All plans can be configured at the plan 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 in 3 plan type can be displayed on different train stops as groupings are done at the program level.
D) All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B,D | Question # 4 Answer: B | Question # 5 Answer: B |
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