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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. Can you upload student and disability status for multiple persons at one time?
A) Yes, it can be accomplished through the spreadsheet loader.
B) Yes, it can be accomplished by creating a benefit group.
C) Yes, it can be accomplished through a benefit administrator task.
D) No, this option isn,t available.
2. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
A) January 15, 2017
B) January 22, 2017
C) December 28, 2016
D) January 31, 2017
3. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?
A) 130
B) 40
C) 30
D) 32.5
4. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus 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 not have enabled the Assign on Default button for the options.
B) They should have created an Option 3: Coverage Declined.
C) They should have enabled a plan restriction fast formula.
D) They should have configured an eligibility fast formula
5. Annual Health Insurance, Monthly Health Insurance
A) Overspending in flex credit shell plans
B) Global Health Plan options
C) Termination Life Event configuration
D) Reinstatement rule events
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
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