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Oracle 1z0-1053-22 certification exam is an important step for professionals who want to demonstrate their skills in Oracle Benefits Cloud 2022 Implementation. The certification validates the individual's skills in managing benefits programs, designing and implementing benefits plans, and configuring benefits processes. The certification also provides a competitive edge in the job market and helps organizations to identify skilled professionals who can manage their benefits programs efficiently.
Oracle 1z0-1053-22 exam covers various topics such as benefits administration, eligibility and enrollment, benefits plans design, and other related areas. The exam also evaluates the candidate's ability to configure benefits options, perform testing, and troubleshoot issues related to benefits programs. The exam is intended for professionals who have experience in implementing Oracle Benefits Cloud solutions.
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Oracle Benefits Cloud 2022 Implementation Professional Sample Questions (Q55-Q60):
NEW QUESTION # 55
An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
- A. January 22, 2017
- B. January 15, 2017
- C. December 28, 2016
- D. January 31, 2017
Answer: D
NEW QUESTION # 56
What rate is used for the flex credit program to adjust the total cost of the program?
- A. Standard Secondary Rate
- B. Standard Rollover Rate
- C. Rollover Rate
- D. Standard Primary Rate
Answer: C
NEW QUESTION # 57
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?
- A. The life event date was different.
- B. The life event was configured for another date.
- C. The life event was not backed out properly.
- D. The life event reinstatement rule was configured.
Answer: D
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION # 58
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 59
Which benefit object must be created prior to creating an option?
- A. Plan
- B. Plan Type
- C. Coverage
- D. Rate
Answer: B
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.html#FACMB307292
NEW QUESTION # 60
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