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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. This is the configuration of a collapsing life event rule: Life Event = Marriage & Dependent; Operator = AND; Resulting Event Name = Dependent; Life Event Occurred Date = Earliest Life Event Occurred Date; Proximity Days = 0. You run the collapsing rule in the scenario: 1. Marriage event occurs on 08/01/2015; 2. Dependent event occurs on 08/01/2015. What is the result?

A) The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns its occurred date to 08/01/2015.
B) The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to 08/01/2015.
C) The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to 08/01/2015.
D) The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns its occurred date to 08/01/2015.

2. A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

A) 6
B) 5
C) 3
D) 4

3. When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

A) It is the last day of open enrollment period.
B) It is the date on which default benefits assignments are made.
C) It is the effective date of the open event and the date on which eligibility is evaluated.
D) It is the first day of the open enrollment period.

4. Which statement about configuring Designation Requirements is true?

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

5. 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) 40
B) 30
C) 130
D) 32.5

Solutions: