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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 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 plan must have multiple options for Designation Requirement to be configured.
D) A Designation Requirement cannot be configured for a plan with no option.

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 primary 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 secondary rate with the calculation method as Multiple of Coverage.

3. 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 have enabled a plan restriction fast formula.
B) They should have configured an eligibility fast formula
C) They should have created an Option 3: Coverage Declined.
D) They should not have enabled the Assign on Default button for the options.

4. Plan Configuration, Evaluation and Reporting

A) Tasks to prepare for open enrollment
B) Valid type of life event
C) Number of train stops on benefits enrollment page
D) Overspending in flex credit shell plans

5. An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option''s rate amount isn''t displayed in the total summary section on the right side of the page.
Which is a reason for this problem?

A) The rate is inactive.
B) The rate activity type for payroll information is configured as employee contribution.
C) The rate activity type for payroll information is configured as cost.
D) The rate is configured as secondary rate and not primary rate.

Solutions: