Oracle 1Z0-1053-23 : Oracle Benefits Cloud 2023 Implementation Professional

1Z0-1053-23 exam collection

Exam Code: 1Z0-1053-23

Exam Name: Oracle Benefits Cloud 2023 Implementation Professional

Updated: Jun 12, 2026

Q & A: 94 Questions and Answers

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 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 "As of event date" 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 period start date type formula.
D) 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.
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 Opportunity type formula.


2. 1The 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?

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 of measure "Money".


3. Optional, mandatory for participant

A) Rate visibility issue
B) Enrollment authorization requirements
C) Creation of enrollment results
D) Overspending in flex credit shell plans


4. How many life events can be included in a collapsing rule?

A) 8
B) 7
C) 12
D) 10


5. Which benefit object must be created prior to creating an option?

A) Coverage
B) Plan
C) Rate
D) Plan Type


Solutions:

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

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