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To prepare for the Oracle 1z0-1053-22 exam, candidates should have a solid understanding of Oracle Benefits Cloud 2022 and should have experience implementing and managing benefits programs. There are a variety of training resources available to help candidates prepare for the exam, including online courses, practice exams, and study guides. By passing the Oracle 1z0-1053-22 exam, professionals can demonstrate their expertise in implementing and managing employee benefits programs using Oracle Benefits Cloud.
To prepare for the Oracle 1z0-1053-22 certification exam, candidates should have a solid understanding of Oracle Benefits Cloud and its various features and functionalities. They should also be familiar with HR processes and have experience in implementing HR solutions. Candidates can use Oracle's official training materials and study guides, as well as practice exams and other resources available online, to prepare for the exam. Successful completion of the Oracle 1z0-1053-22 certification exam demonstrates that a candidate has the skills and knowledge necessary to successfully implement Oracle Benefits Cloud 2022 for their organization or clients.
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Oracle Benefits Cloud 2022 Implementation Professional Sample Questions (Q51-Q56):
NEW QUESTION # 51
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?
- A. 0
- B. 32.5
- C. 1
- D. 2
Answer: C
NEW QUESTION # 52
Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?
- A. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- B. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
- C. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
- D. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
- E. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
Answer: E
NEW QUESTION # 53
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?
- A. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- B. Run the Enrollment Kit Report from Benefits Self-Service.
- C. Run the Person Enrollment Summary Report from Benefits Self Service.
- D. Run the Enrollment Kit Report from the Benefits Enrollment work area.
- E. Run the Person Enrollment Summary Report from the Enrollment work area.
Answer: D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728
NEW QUESTION # 54
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 55
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 wash Rule formula
- C. Standard Rate Value
- D. Standard Coverage Volume
Answer: A
NEW QUESTION # 56
......
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