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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q32-Q37):

NEW QUESTION # 32
Hours Worked, Full-Time Equivalent, Compensation

A. Creation of enrollment results
B. Rate visibility issue
C. Derived factor types
D. Valid type of life event

Answer: C

NEW QUESTION # 33
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 Volume

Answer: A

NEW QUESTION # 34
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?

A. Manage enrollment authorization -> administration usage -> self-service description text
B. Configure plan type grouping display -> self-service usage -> self-service description text
C. Configure plan type grouping display -> administration usage -> self-service description text
D. Manage enrollment authorization -> self-service usage -> self-service description text

Answer: B

NEW QUESTION # 35
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 in the current system offerings.
C. This requirement can be completely achieved with configuration only.
D. This requirement cannot be achieved with configurations, and would require custom Fast Formula.

Answer: D

NEW QUESTION # 36
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

A. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
B. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
C. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
D. All plans can be configured at the plan level.

Answer: B

NEW QUESTION # 37
......

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Oracle 1Z0-1053-23 Exam Questions - Tips To Pass

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q32-Q37):

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