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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

A) 5
B) 7
C) The number of train stops can be configured.
D) 6

2. Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A) Standard wash Rule formula
B) Standard Coverage Volume
C) Standard Rate Value
D) Standard input Value

3. Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

A) Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
B) Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
C) Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
D) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
E) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.

4. 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 secondary rate with the calculation method as Multiple of Coverage.
C) 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.
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.

5. A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
B) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
C) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
D) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Solutions: