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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. To which two benefits objects can Year Period be attached to?

A) Program
B) Plan
C) Option
D) Plan Type

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

3. An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of
100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

A) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
B) This requirement can be achieved through customization only.
C) This requirement cannot be achieved in the current system offerings.
D) This requirement can be completely achieved with configuration only.

4. Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish thisrequirement?

A) Run the Enrollment Kit Report from the Benefits Enrollment work area.
B) Run the EnrollmentKit Report from Benefits Self-Service.
C) Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
D) Run the Person Enrollment Summary Report from Benefits Self Service.
E) Run the Person Enrollment Summary Report from the Enrollment work area.

5. Which statement about Waive options is true?

A) Waive options are options which do not require any dependent/beneficiary designation.
B) Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
C) Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
D) Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.

Solutions: