Oracle 1Z0-1053-23 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-1053-23
Exam Name/Title: Oracle Benefits Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Benefits Cloud

Exam Questions: 94
Updated On: May 29, 2026

Question #41

Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers. What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A. Standard Input Value

B. Standard Rate Value

C. Standard Wash Rule Formula

D. Standard Coverage Value

Discussion 0

Correct Answer: C Vote an answer

Question #42

A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

A. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.

B. A New Hire life event was manually selected.An Address Change event is yet to be triggered and processed for, the employee.

C. A New Hire life event was manually selected.An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.

D. A New Hire life event was manually selected.An Address Change event was triggered for the person and participation evaluation processing was evaluated.

Discussion 0

Correct Answer: A Vote an answer

Question #43

Termination life event configuration

A. Configurable

B. Coverage Start Date: First of the Next Month

C. Intervening life event backed out open event

D. Plan Configuration, Evaluation and Reporting

Discussion 0

Correct Answer: B Vote an answer

Question #44

A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

A. as of event start date

B. as of rate start date

C. as of coverage start date

D. as of enrollment start date

Discussion 0

Correct Answer: A Vote an answer

Question #45

Which three are correct methods by which enrollment results can be created and made available for viewing?

A. after the Evaluate Life Events batch process is completed successfully

B. when an electable choice is saved as a part of self-service enrollment

C. after the Close Enrollment process has completed

D. when a default enrollment is processed

E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

Discussion 0

Correct Answer: A,B,E Vote an answer

Question #46

Intervening life event backed out open event

A. Reinstatement rule events

B. Termination life event configuration

C. Rate visibility issue

D. Termination life event configuration

Discussion 0

Correct Answer: D Vote an answer

Question #47

Which two statements are correct with respect to required action in the eligibility profile?

A. If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.

B. If all profiles are requited, then at least one of the profiles must be satisfied.

C. If all profiles are optional, then at least one of the profiles must be satisfied.

D. If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

Discussion 0

Correct Answer: D Vote an answer

Question #48

The benefits admin 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 not configured for the employee,s specific legal employer.

B. The rate amount "Assign on Enrollment" is enabled for five legal entities.

C. The rate amount is a variable rate for the employee,s legal employer.

D. The rate amount is of the unit measure of "Money".

Discussion 0

Correct Answer: A Vote an answer

Question #49

A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A. Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.

B. Life events affect benefits processing for a participant.

C. Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program.

D. The amount of deduction from employee pay check for enrollment is varied based on a life event.

Discussion 0

Correct Answer: B,C Vote an answer

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

Question #50

Can you define overspending of a budget pool in flex credit shell plans?

A. Yes, you can define it in the spending options.

B. Yes, you can define it in the standard rates.

C. Yes, you can define it as per the flex credit formula.

D. No, you do not have a place holder.

Discussion 0

Correct Answer: B Vote an answer

Download Free Oracle 1Z0-1053-23 Demo

Simply submit your e-mail address below to get started with our free demo of your Oracle 1Z0-1053-23 exam.