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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. What rate is used for the flex credit program to adjust the total cost of the program?

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

2. Termination life event configuration

A) Intervening life event backed out open event
B) Coverage Start Date: First of the Next Month
C) Configurable
D) Plan Configuration, Evaluation and Reporting

3. 1The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can''t the employee see the assigned rate amount?

A) The rate amount Is a variable rate for the employee,s legal employer.
B) The rate amount is not configured for the employee,s specific legal employer.
C) The rate amount is of the unit of measure "Money".
D) The rate amount "Assign on Enrollment" is enabled for five legal entities.

4. When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

A) It is the date on which default benefits assignments are made.
B) It is the first day of the open enrollment period.
C) It is the last day of open enrollment period.
D) It is the effective date of the open event and the date on which eligibility is evaluated.

5. XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?

A) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
B) Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance PlanB.
C) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
D) Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

Solutions: