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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. 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 can be achieved through customization only.
B) This requirement cannot be achieved in the current system offerings.
C) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
D) This requirement can be completely achieved with configuration only.
2. An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option''s rate amount isn''t displayed in the total summary section on the right side of the page.
Which is a reason for this problem?
A) The rate activity type for payroll information is configured as employee contribution.
B) The rate is inactive.
C) The rate activity type for payroll information is configured as cost.
D) The rate is configured as secondary rate and not primary rate.
3. January 31, 2017
A) Valid type of life event
B) Overspending in flex credit shell plans
C) Tasks to prepare for open enrollment
D) Coverage start date for employee
4. 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 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.
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 at Option 1, and then attach the same eligibility profile at Option 2.
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 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.
5. A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?
A) as of rate start date
B) as of event start date
C) as of enrollment start date
D) as of coverage start date
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
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