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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 Rate Value
B) Standard Input Value
C) Standard Coverage Value
D) Standard Wash Rule Formula

2. The benefits admin has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section. Why can''t the employee see the assigned rate amount?

A) The rate amount "Assign on Enrollment" is enabled for five legal entities.
B) The rate amount is not configured for the employee,s specific legal employer.
C) The rate amount is a variable rate for the employee,s legal employer.
D) The rate amount is of the unit measure of "Money".

3. 1The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can''t the employee see the assigned rate amount?

A) The rate amount "Assign on Enrollment" is enabled for five legal entities.
B) The rate amount is not configured for the employee,s specific legal employer.
C) The rate amount is of the unit of measure "Money".
D) The rate amount Is a variable rate for the employee,s legal employer.

4. Which is not a valid type of life event?

A) Unrestricted
B) Explicit
C) Temporal
D) Scheduled
E) Restricted

5. Which two statements are correct with respect to required action in the eligibility profile?

A) If all profiles are optional, then at least one of the profiles must be satisfied.
B) If all profiles are requited, then at least one of the profiles must be satisfied.
C) If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
D) If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

Solutions: