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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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 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.
B) 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.
C) Configure a secondary rate with the calculation method as Multiple of Coverage.
D) Configure a primary rate with the calculation method as Multiple of Coverage.

2. Which three areas contain tasks to prepare for an open enrollment period?

A) Payroll Calculation work area
B) Enrollment and My Information work areas
C) Evaluation and Reporting work areas
D) Person Management work area
E) Plan Configuration work area

3. How do you set up a Termination life event to end coverage at the end of the month?

A) Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month
B) Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month
C) Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month
D) Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month

4. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus 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.

5. Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A) The employee is not eligible for life events.
B) The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
C) No collapsing rule was set.
D) The Marriage eventoccurred before the Transfer event.

Solutions: