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1Z0-1053-23 Practice Exam Questions, 1Z0-1053-23 New Braindumps Pdf

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q82-Q87):

NEW QUESTION # 82
Year Period attachment

A. Explicit, Temporal, Scheduled, Unrestricted
B. Can Be Defined In Spending Options
C. Hours Worked, Full-time Equivalent, Compensation
D. Plan, Option

Answer: D

NEW QUESTION # 83
What rate is used for the flex credit program to adjust the total cost of the program?

A. Standard Secondary Rate
B. Standard Rollover Rate
C. Standard Primary Rate
D. Rollover Rate

Answer: D

NEW QUESTION # 84
Which two are program types when you configure Flex Credits?

A. Flex
B. Core
C. Flex Credits and Core
D. Other Credits

Answer: A,B

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.html#FAIBF1085855_2

NEW QUESTION # 85
A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

A. A New Hire life event was manually selected.An Address Change event is yet to be triggered and processed for, the employee.
B. A New Hire life event was manually selected.An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
C. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
D. A New Hire life event was manually selected.An Address Change event was triggered for the person and participation evaluation processing was evaluated.

Answer: C

NEW QUESTION # 86
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 a primary rate with the calculation method as Multiple of Coverage.
B. 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.
C. 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.
D. Configure a secondary rate with the calculation method as Multiple of Coverage.

Answer: B

NEW QUESTION # 87
......

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Jack Scott Jack Scott

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