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Oracle certification 1Z0-1053-23 best exam questions and answers
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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q25-Q30):
NEW QUESTION # 25
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
- A. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
- B. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance PlanB.
- C. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
- D. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
Answer: A
NEW QUESTION # 26
Annual Health Insurance, Monthly Health Insurance
- A. Global Health Plan options
- B. Reinstatement rule events
- C. Termination Life Event configuration
- D. Overspending in flex credit shell plans
Answer: A
NEW QUESTION # 27
Your customer wants to create an explicit life event that can be used only in two specific legal entities. How do you accomplish this requirement?
- A. On the Create Life Event page under Additional Information, leave the Self-Assigned check box blank and add specific legal entities.
- B. On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
- C. On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
- D. On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
Answer: D
NEW QUESTION # 28
The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
- A. The life event date configured for XX Life Program is not 15 March 2017
- B. There is no configuration for open enrollment for the XX Life Program.
- C. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- D. A cycle has already run for open enrollment, so no life event date is available.
Answer: D
NEW QUESTION # 29
Which is NOT a derived factor type?
- A. Full-Time Equivalent
- B. Hours Worked
- C. Grade
- D. Compensation
Answer: C
Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION # 30
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