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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. Which three areas contain tasks to prepare for an open enrollment period?
A) Person Management work area
B) Plan Configuration work area
C) Payroll Calculation work area
D) Enrollment and My Information work areas
E) Evaluation and Reporting work areas
2. Which statement about configuring Designation Requirements is true?
A) A plan must have the waive option for Designation Requirement to be configured.
B) A Designation Requirement can be configured for a plan with no option.
C) A plan must have multiple options for Designation Requirement to be configured.
D) A Designation Requirement cannot be configured for a plan with no option.
3. 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 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.
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 primary rate with the calculation method as Multiple of Coverage.
D) Configure a secondary rate with the calculation method as Multiple of Coverage.
4. Which is not a valid type of life event?
A) Unrestricted
B) Explicit
C) Temporal
D) Scheduled
E) Restricted
5. Coverage Start Date: First of the Next Month
A) Termination life event configuration
B) Life event start date
C) Valid type of life event
D) Global health plan options
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |
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