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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?

A) Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
B) Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
C) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
D) Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.
E) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.

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

3. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

A) January 15, 2017
B) January 31, 2017
C) January 22, 2017
D) December 28, 2016

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

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

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

Solutions: