Oracle Benefits Cloud 2023 Implementation Professional

QUESTION NO: 1
Which two are correct processes regarding performing the Benefits Extract setup?

A. Configure plan carrier details and extract options using the Manage Plan Carriers task. B. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task. C. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task. D. Extract benefits enrollment information into separate XML files for each plan and plan carrier. E. Extract benefits enrollment information into a single XML file for each plan carrier.

Correct Answer: D,E

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 2
Rate is inactive

A. Reinstatement rule events B. Rate visibility issue C. Creation of enrollment results D. Valid type of life event

Correct Answer: B

QUESTION NO: 3
Intervening life event backed out open event

A. Reinstatement rule events B. Rate visibility issue C. Termination life event configuration D. Termination life event configuration

Correct Answer: D

QUESTION NO: 4
Which object is NOT included in benefit export?

A. Eligibility profile B. Element input values C. Plan not in program configuration D. Program configuration

Correct Answer: C

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 5
How do you configure the link between the payroll module and benefits?

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

Correct Answer: D

QUESTION NO: 6
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 08/01/2015; 2. Dependent event occurs on 08/01/2015. What is the result?

A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns its occurred date to 08/01/2015. B. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns its occurred date to 08/01/2015. C. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to 08/01/2015. D. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to 08/01/2015.

Correct Answer: B

QUESTION NO: 7
As of event start date

A. Life event start date B. Creation of enrollment results C. Termination life event configuration D. Valid type of life event

Correct Answer: A

QUESTION NO: 8
The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?

A. A cycle has already run for open enrollment, so no life event date is available. B. The benefits admin has a login from the previous date to that of 03/15/2017. C. There is no configuration for open enrollment for the XX Life Program. D. The life event date configured for XX Life Program is not 03/15/2017.

Correct Answer: C

QUESTION NO: 9
Which statement about Waive options is true?

A. Waive options are options which do not require any dependent/beneficiary designation. B. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria. C. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible. D. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.

Correct Answer: B

QUESTION NO: 10
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 can be achieved through customization only. B. This requirement cannot be achieved with configurations, and would require custom Fast Formula. C. This requirement can be completely achieved with configuration only. D. This requirement cannot be achieved in the current system offerings.

Correct Answer: B

Oracle Benefits Cloud 2023 Implementation Professional - 1Z0-1053-23 Exam Questions