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Examcollection 1Z0-1053-23 Free Dumps - Valid Exam 1Z0-1053-23 Blueprint

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q13-Q18):

NEW QUESTION # 13
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 Is a variable rate for the employee,s legal employer.
C. The rate amount is of the unit of measure "Money".
D. The rate amount "Assign on Enrollment" is enabled for five legal entities.

Answer: A

NEW QUESTION # 14
What rate is used for the flex credit program to adjust the total cost of the program?

A. Standard Rollover Rate
B. Standard Secondary Rate
C. Rollover Rate
D. Standard Primary Rate

Answer: C

NEW QUESTION # 15
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

A. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
B. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
C. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
D. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.

Answer: C

NEW QUESTION # 16
The reinstatement rule enables you to restore elections during which two events?

A. An intervening life event backed out the open event.
B. The open event was accidentally backed out.
C. The open event was backed out by the administrator from the Benefits Service Center.
D. The intervening life event activated the open event.

Answer: A,B

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

NEW QUESTION # 17
A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

A. as of enrollment start date
B. as of event start date
C. as of rate start date
D. as of coverage start date

Answer: B

NEW QUESTION # 18
......

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