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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 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.
B) Configure a primary rate with the calculation method as Multiple of Coverage.
C) Configure a secondary 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.

2. Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?

A) Associate the life events only with benefit plans which are in a program.
B) Associate the life events only with benefit plans which are not in a program.
C) Associate the life events only with Core benefit programs.
D) Associate the life events with only flexible benefit programs.
E) Associate the life events with benefit plans or program.

3. Which statement about configuring Designation Requirements is true?

A) A plan must have the waive option for Designation Requirement to be configured.
B) A Designation Requirement cannot be configured for a plan with no option.
C) A Designation Requirement can be configured for a plan with no option.
D) A plan must have multiple options for Designation Requirement to be configured.

4. Which is not a valid type of life event?

A) Explicit
B) Unrestricted
C) Temporal
D) Restricted
E) Scheduled

5. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

A) Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
B) This can be achieved via configuration.
C) This cannot be achieved.
D) This can be achieved via customization only.

Solutions: