100% Pass Quiz Oracle - Trustable 1Z0-1053-26 Test Guide

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| Section | Objectives |
|---|
| Topic 1: Benefits Cloud Setup and Configuration | - Implementation Setup
- 1. Plan Types and Structure Configuration
- 2. Offering and Functional Setup
|
| Topic 2: Benefits Administration | - Plan Management
- 1. Dependent and Beneficiary Management
- 2. Health, Welfare, and Savings Plans
- Life Events Processing
- 1. Event Types and Processing Rules
- 2. Reprocessing and Corrections
|
| Topic 3: Fast Formulas and Rules | - Configuration of Fast Formulas
- 1. Eligibility and Rate Calculations
- 2. Validation Rules
|
| Topic 4: Integration and Reporting | - Data Integration
- 1. Payroll and HR Integration
- 2. External System Integration
- Reporting and Analytics
- 1. Standard Reports
- 2. OTBI Reporting for Benefits
|
| Topic 5: Eligibility and Enrollment | - Eligibility Profiles
- 1. Eligibility Rules and Criteria
- 2. Life Event Processing
- Enrollment Processes
- 1. Self-Service Enrollment
- 2. Open Enrollment Configuration
|
| Topic 6: Security and Troubleshooting | - Issue Resolution
- 1. Configuration Troubleshooting
- 2. Enrollment Issues
- Security Configuration
- 1. Data Security Policies
- 2. Roles and Access Control
|
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Oracle Benefits Cloud 2026 Implementation Professional Sample Questions (Q62-Q67):
NEW QUESTION # 62
Intervening life event backed out open event
- A. Rate visibility issue
- B. Reinstatement rule events
- C. Termination life event configuration
- D. Termination life event configuration
Answer: B
NEW QUESTION # 63
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 Coverage Volume
- B. Standard input Value
- C. Standard wash Rule formula
- D. Standard Rate Value
Answer: B
NEW QUESTION # 64
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 cannot be achieved with configurations, and would require custom Fast Formula.
- B. This requirement can be achieved through customization only.
- C. This requirement cannot be achieved in the current system offerings.
- D. This requirement can be completely achieved with configuration only.
Answer: C
NEW QUESTION # 65
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?
Answer: D
NEW QUESTION # 66
Which two are correct processes regarding performing the Benefits Extract setup?
- A. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
- B. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
- C. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- D. Extract benefits enrollment information into a single XML file for each plan carrier.
- E. Configure plan carrier details and extract options using the Manage Plan Carriers task.
Answer: D,E
Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAIHM1284833
NEW QUESTION # 67
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