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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

A) A New Hire life event was manually selected.
An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
B) A New Hire life event wasmanually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated.
C) A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee.
D) A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.

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

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

3. XX Lifeinsurance 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 profileand configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
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 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 Plan

4. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

A) They should have enabled a plan restriction fast formula.
B) They should have configured an eligibility fast formula
C) They should have created an Option 3: Coverage Declined.
D) They should not have enabled the Assign on Default button for the options.

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

Solutions: