1Z0-1053-23 BRAINDUMPS | ORACLE AUTHORIZED 1Z0-1053-23 TEST DUMPS: ORACLE BENEFITS CLOUD 2023 IMPLEMENTATION PROFESSIONAL PASS SUCCESS

1Z0-1053-23 Braindumps | Oracle Authorized 1Z0-1053-23 Test Dumps: Oracle Benefits Cloud 2023 Implementation Professional Pass Success

1Z0-1053-23 Braindumps | Oracle Authorized 1Z0-1053-23 Test Dumps: Oracle Benefits Cloud 2023 Implementation Professional Pass Success

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q91-Q96):

NEW QUESTION # 91
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?

  • A. 0
  • B. 1
  • C. 2
  • D. 32.5

Answer: D


NEW QUESTION # 92
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 # 93
Optional, mandatory for participant

  • A. Creation of enrollment results
  • B. Enrollment authorization requirements
  • C. Overspending in flex credit shell plans
  • D. Rate visibility issue

Answer: B


NEW QUESTION # 94
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?

  • A. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
  • B. Configure a primary rate with the calculation method as Multiple of Coverage.
  • C. Configure a secondary rate with the calculation method as Multiple of Coverage.
  • D. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

Answer: A


NEW QUESTION # 95
Which is not a derived factor type?

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

Answer: A


NEW QUESTION # 96
......

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