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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Which two are correct processes regarding performing the Benefits Extractsetup?

A) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
B) Extract benefits enrollment information into a single XML file for each plan carrier.
C) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
D) Configure plan carrier details and extract options using the Manage Plan Carriers task.
E) Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.

2. What are the different types of open enrollment options available under Scheduled tab in program?

A) Open All and Unrestricted All
B) Open Enrollment and Open Unrestricted Enrollment
C) Open New Hire Enrollment and Unrestricted New Hire Enrollment
D) Open Scheduled and Unrestricted Scheduled

3. A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
B) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
C) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
D) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

4. Which two are program types when you configure Flex Credits?

A) Flex
B) Flex Credits and Core
C) Other Credits
D) Core

5. 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 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.
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 a primary rate with the calculation method as Multiple of Coverage.
D) Configure a secondary rate with the calculation method as Multiple of Coverage.

Solutions: