1Z0-1053-23 EXAM PREP | LATEST 1Z0-1053-23 EXAM PAPERS

1Z0-1053-23 Exam Prep | Latest 1Z0-1053-23 Exam Papers

1Z0-1053-23 Exam Prep | Latest 1Z0-1053-23 Exam Papers

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q58-Q63):

NEW QUESTION # 58
XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?

  • A. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event" as the enrollment period start date and the number field as 15.
  • B. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
  • C. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
  • D. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
  • E. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.

Answer: E


NEW QUESTION # 59
Which is not a derived factor type?

  • A. Grade
  • B. Full-Time Equivalent
  • C. Compensation
  • D. Hours Worked

Answer: A


NEW QUESTION # 60
Which three areas contain tasks to prepare for an open enrollment period?

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

Answer: A,D,E

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266


NEW QUESTION # 61
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?

  • A. Run the Person Enrollment Summary Report from Benefits Self Service.
  • B. Run the Enrollment Kit Report from Benefits Self-Service.
  • C. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
  • D. Run the Enrollment Kit Report from the Benefits Enrollment work area.
  • E. Run the Person Enrollment Summary Report from the Enrollment work area.

Answer: D

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728


NEW QUESTION # 62
When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

  • A. It is the date on which default benefits assignments are made.
  • B. It is the effective date of the open event and the date on which eligibility is evaluated.
  • C. It is the first day of the open enrollment period.
  • D. It is the last day of open enrollment period.

Answer: D


NEW QUESTION # 63
......

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