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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

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

2. Which benefit object must be created prior to creating an option?

A) Coverage
B) Rate
C) Plan
D) Plan Type

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

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

4. 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) 30
B) 130
C) 40
D) 32.5

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

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

Solutions: