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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3:
Employee Plus Spouse Plus Child
The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

A) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
B) Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
C) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D) Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..

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

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

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

4. 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 wash Rule formula
B) Standard Coverage Volume
C) Standard Rate Value
D) Standard input Value

5. A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

A) as of enrollment start date
B) as of event start date
C) as of coverage start date
D) as of rate start date

Solutions: