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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. 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 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.
C) Configure a secondary rate with the calculation method as Multiple of Coverage.
D) 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.
2. Which is not a valid type of life event?
A) Restricted
B) Unrestricted
C) Temporal
D) Scheduled
E) Explicit
3. Can you change the column text of primary and secondary rates on the Benefit self-service page?
A) No, a change option is not available in the Configure Grouping Display task.
B) No, a change option is available in the Configure Grouping Display task, but it doesn,t allow a text change.
C) Yes, a change option is available in the Configure Grouping Display task.
D) Yes, a change option is available in the Enrollment Configuration task.
4. An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
A) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
B) This requirement can be completely achieved with configuration only.
C) This requirement can be achieved through customization only.
D) This requirement cannot be achieved in the current system offerings.
5. The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
A) A cycle has already run for open enrollment, so no life event date is available.
B) There is no configuration for open enrollment for the XX Life Program.
C) The life event date configured for XX Life Program is not 15 March 2017
D) The benefits administrator has a login from the previous date to that of 15 March 20l7.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
By Kelly
