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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q55-Q60):

NEW QUESTION # 55
How do you set up a Termination life event to end coverage at the end of the month?

A. Coverage and Pate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: End of the Month
B. Coverage and Rate Date Ranges:Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month
C. Coverage and Rate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: First of the Next Month
D. Coverage and Rate Date Ranges:Coverage Start Date: First of the Next MonthPrevious Coverage End Date: End of the Month

Answer: D

NEW QUESTION # 56
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

A. Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
B. Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
C. Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
D. Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.

Answer: C

NEW QUESTION # 57
Which is NOT a derived factor type?

A. Hours Worked
B. Full-Time Equivalent
C. Grade
D. Compensation

Answer: C

Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5

NEW QUESTION # 58
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

A. This can be achieved via configuration.
B. This can be achieved via customization only.
C. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
D. This cannot be achieved.

Answer: D

NEW QUESTION # 59
The reinstatement rule enables you to restore elections during which two events?

A. The open event was accidentally backed out.
B. An intervening life event backed out the open event.
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 # 60
......

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1Z0-1053-23 Training For Exam | Pdf 1Z0-1053-23 Format

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q55-Q60):

Highly Rated Oracle Oracle Benefits Cloud 2023 Implementation Professional 1Z0-1053-23 PDF Dumps

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