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Oracle 1Z0-1053-23 Exam Syllabus Topics:

SectionWeightObjectives
Core Benefits Setup10%- Configure organization and plan year structures
- Set up benefit plan components and hierarchies
- Define carrier and third-party integrations
- Understand Oracle Benefits Cloud architecture
Reporting and Administration15%- Create and manage benefit reports and analytics
- Configure flex credit and cost sharing
- Administer benefit elections and updates
- Manage self-service benefit enrollments
Benefits Design and Configuration30%- Define rate definitions and contribution calculations
- Plan and configure benefit plans and options
- Configure eligibility profiles and rules
- Set up benefit classifications and plan types
Integration and Data Migration20%- Manage benefit data migration and bulk loading
- Set up HR and payroll integration flows
- Integrate Benefits with HCM payroll and HR
- Configure fast formulas for benefit calculations
Enrollment and Life Events25%- Handle dependent and beneficiary management
- Configure enrollment rules and default elections
- Manage life events and qualifying event processing
- Set up enrollment periods and open enrollment

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. How do you configure the link between the payroll module and benefits?

A) Link the payroll to the plan coverage.
B) Link the payroll to the plan salary basis.
C) Link the element to the plan rate.
D) Link the element to the plan coverage.


2. What are the different types of open enrollment options available under Scheduled tab in program?

A) Open New Hire Enrollment and Unrestricted New Hire Enrollment
B) Open Scheduled and Unrestricted Scheduled
C) Open All and Unrestricted All
D) Open Enrollment and Open Unrestricted Enrollment


3. Which three areas contain tasks to prepare for an open enrollment period?

A) Plan Configuration work area
B) Person Management work area
C) Evaluation and Reporting work areas
D) Payroll Calculation work area
E) Enrollment and My Information work areas


4. A company wants to display the following text on its Benefit Employee Self Service:
"Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the." How do you configure this?

A) Manage enrollment authorization -> self-service usage -> self-service description text
B) Configure plan type grouping display -> self-service usage -> self-service description text
C) Manage enrollment authorization -> administration usage -> self-service description text
D) Configure plan type grouping display -> administration usage -> self-service description text


5. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

A) They should have created an Option 3: Coverage Declined.
B) They should have enabled a plan restriction fast formula.
C) They should have configured an eligibility fast formula
D) They should not have enabled the Assign on Default button for the options.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: A,C,E
Question # 4
Answer: B
Question # 5
Answer: B

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