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Oracle 1Z0-1053-23 Q&A - in .pdf
- Exam Code: 1Z0-1053-23
- Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
- Updated: Sep 12, 2026
- Q & A: 94 Questions and Answers
- Convenient, easy to study.
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Oracle 1Z0-1053-23 Q&A - Testing Engine
- Exam Code: 1Z0-1053-23
- Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
- Updated: Sep 12, 2026
- Q & A: 94 Questions and Answers
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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Benefits Configuration and Setup | - Configure Benefits Offering Structure - Define Plan Types and Options |
| Topic 2: Plan Administration and Maintenance | - Manage Benefit Plans and Programs - Manage Plan Changes and Updates |
| Topic 3: Eligibility and Enrollment Management | - Eligibility Profiles Configuration - Enrollment Rules and Life Events Processing |
| Topic 4: Troubleshooting and Support | - System Configuration Validation - Resolve Enrollment Issues |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Question #1
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:
A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?
- A. Configure a primary rate with the calculation method as Multiple of Coverage.
- B. Configure a secondary rate with the calculation method as Multiple of Coverage.
- C. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
- D. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
Answer: D
Question #2
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
- A. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
- B. This requirement cannot be achieved in the current system offerings.
- C. This requirement can be achieved through customization only.
- D. This requirement can be completely achieved with configuration only.
Answer: A
Question #3
Can be defined in spending options
- A. Tasks to prepare for open enrollment
- B. Rate visibility issue
- C. Overspending in flex credit shell plans
- D. Valid type of life event
Answer: D
Question #4
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?
- A. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
- B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
- C. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- D. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
Answer: D
Question #5
1The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can''t the employee see the assigned rate amount?
- A. The rate amount is of the unit of measure "Money".
- B. The rate amount is not configured for the employee,s specific legal employer.
- C. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- D. The rate amount Is a variable rate for the employee,s legal employer.
Answer: B
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