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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. Number of train stops on Benefits Enrollment page

A) Customizable
B) Configurable
C) Internally Developed
D) Enterprise Systems

2. 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 at Option 1, and then attach the same eligibility profile at Option 2.
B) 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.
C) 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.
D) 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.

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 secondary 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 primary rate with the calculation method as Multiple of Coverage.
D) 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.

4. Intervening life event backed out open event

A) Termination life event configuration
B) Rate visibility issue
C) Termination life event configuration
D) Reinstatement rule events

5. Which two statements are true about Enrollment Authorizations?

A) They appear several times if the participant enters self-service multiple times for a single life event.
B) They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
C) They appear only the first time that the participant enters self-service enrollment for multiple life events.
D) If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
E) They are optional to implement. If implemented, performing the authorization task is optional for the participant.

Solutions: