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Oracle 1Z0-1053-26 Exam Syllabus Topics:

SectionObjectives
Benefits Administration- Life Events Processing
  • 1. Event Types and Processing Rules
    • 2. Reprocessing and Corrections
      - Plan Management
      • 1. Dependent and Beneficiary Management
        • 2. Health, Welfare, and Savings Plans
          Fast Formulas and Rules- Configuration of Fast Formulas
          • 1. Eligibility and Rate Calculations
            • 2. Validation Rules
              Security and Troubleshooting- Issue Resolution
              • 1. Enrollment Issues
                • 2. Configuration Troubleshooting
                  - Security Configuration
                  • 1. Data Security Policies
                    • 2. Roles and Access Control
                      Eligibility and Enrollment- Eligibility Profiles
                      • 1. Eligibility Rules and Criteria
                        • 2. Life Event Processing
                          - Enrollment Processes
                          • 1. Open Enrollment Configuration
                            • 2. Self-Service Enrollment
                              Benefits Cloud Setup and Configuration- Implementation Setup
                              • 1. Plan Types and Structure Configuration
                                • 2. Offering and Functional Setup
                                  Integration and Reporting- Data Integration
                                  • 1. Payroll and HR Integration
                                    • 2. External System Integration
                                      - Reporting and Analytics
                                      • 1. OTBI Reporting for Benefits
                                        • 2. Standard Reports

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                                          Oracle Benefits Cloud 2026 Implementation Professional Sample Questions (Q38-Q43):

                                          NEW QUESTION # 38
                                          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?

                                          Answer: D


                                          NEW QUESTION # 39
                                          Which three are change opportunities an organization can implement during Open Enrollment?

                                          Answer: A,D,E

                                          Explanation:
                                          https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.html#FACMB1107266_2


                                          NEW QUESTION # 40
                                          January 31, 2017

                                          Answer: A


                                          NEW QUESTION # 41
                                          Which three areas contain tasks to prepare for an open enrollment period?

                                          Answer: A,C,D

                                          Explanation:
                                          https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266


                                          NEW QUESTION # 42
                                          A benefits consultant implemented a plan for life insurance with the following options:
                                          1. Option 1: Employee only
                                          2. Option 2: Employee plus spouse
                                          The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
                                          Where did the benefits consultant go wrong with the implementation?

                                          Answer: B


                                          NEW QUESTION # 43
                                          ......

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