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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q16-Q21):

NEW QUESTION # 16
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 Wash Rule Formula
D. Standard Coverage Value

Answer: C

NEW QUESTION # 17
The reinstatement rule enables you to restore elections during which two events?

A. The open event was accidentally backed out.
B. An intervening life event backed out the open event.
C. The intervening life event activated the open event.
D. The open event was backed out by the administrator from the Benefits Service Center.

Answer: A,B

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

NEW QUESTION # 18
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 but not closed. Marriage LE is triggered but has not yet made elections.
B. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
C. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
D. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

Answer: A

NEW QUESTION # 19
Can you change the column text of primary and secondary rates on the Benefit self-service page?

A. Yes, a change option is available in the Configure Grouping Display task.
B. No, a change option is not available in the Configure Grouping Display task.
C. No, a change option is available in the Configure Grouping Display task, but it doesn,t allow a text change.
D. Yes, a change option is available in the Enrollment Configuration task.

Answer: A

NEW QUESTION # 20
What rate is used for the flex credit program to adjust the total cost of the program?

A. Standard Primary Rate
B. Rollover Rate
C. Standard Rollover Rate
D. Standard Secondary Rate

Answer: B

NEW QUESTION # 21
......

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