Prepare Your Oracle 1Z0-1053-23 Exam Questions with Free online 1Z0-1053-23 Practice Test. Get Brilliant Oracle Benefits Cloud 2023 Implementation Professional Exam Results with Valid 1Z0 1053 Exam Dumps.
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Total 62 Questions |
Updated On: Apr 24, 2024
Question 1
The 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?
Answer: C
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?
Answer: D
Question 3
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?
Answer: C
Question 4
A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee
was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i,
2017 as the plan is restricted.
How can you configure this scenario for the company?
Answer: B
Question 5
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?
Answer: D
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Total 62 Questions |
Updated On: Apr 24, 2024
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