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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q63-Q68):

NEW QUESTION # 63
Which three are change opportunities an organization can implement during Open Enrollment?

A. modify plan configuration
B. decline coverage
C. enroll in existing plans
D. Start new benefit offerings
E. update rates

Answer: A,B,E

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

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 can be completely achieved with configuration only.
B. This requirement cannot be achieved in the current system offerings.
C. This requirement can be achieved through customization only.
D. This requirement cannot be achieved with configurations, and would require custom Fast Formula.

Answer: D

NEW QUESTION # 65
Which two statements are true about Enrollment Authorizations?

A. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
B. They appear several times if the participant enters self-service multiple times for a single life event.
C. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
D. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
E. They appear only the first time that the participant enters self-service enrollment for multiple life events.

Answer: A,C

NEW QUESTION # 66
XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?

A. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event" as the enrollment period start date and the number field as 15.
B. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
C. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
D. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
E. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.

Answer: E

NEW QUESTION # 67
Benefit configuration for dependent options

A. Hours worked, full-time equivalent, compensation
B. Create two eligibility profiles based on age
C. Evaluate life events, close enrollment, enrollment authorizations
D. Optional, mandatory for participant

Answer: B

NEW QUESTION # 68
......

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Valid 1Z0-1053-23 Mock Exam & 1Z0-1053-23 Training Courses

100% Pass Oracle - 1Z0-1053-23 - Oracle Benefits Cloud 2023 Implementation Professional Useful Valid Mock Exam

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q63-Q68):

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