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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 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: End of the MonthPrevious Coverage End Date: First of the Next Month
C) Coverage and Rate Date Ranges:Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month
D) Coverage and Rate Date Ranges:Coverage Start Date: First of the Next MonthPrevious Coverage End Date: End of the Month

2. The reinstatement rule enables you to restore elections during which two events?

A) The intervening life event activated the open event.
B) The open event was backed out by the administrator from the Benefits Service Center.
C) An intervening life event backed out the open event.
D) The open event was accidentally backed out.

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

4. How do you configure the link between the payroll module and benefits?

A) Link the payroll to the plan salary basis.
B) Link the element to the plan coverage.
C) Link the element to the plan rate.
D) Link the payroll to the plan coverage.

5. 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 a primary rate with the calculation method as Multiple of Coverage.
C) 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.
D) Configure a secondary rate with the calculation method as Multiple of Coverage.

Solutions: