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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q35-Q40):

NEW QUESTION # 35
What are the different types of open enrollment options available under Scheduled tab in program?

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

Answer: B

NEW QUESTION # 36
Which three areas contain tasks to prepare for an open enrollment period?

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

Answer: A,C,D

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266

NEW QUESTION # 37
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 22, 2017
B. January 31, 2017
C. January 15, 2017
D. December 28, 2016

Answer: B

NEW QUESTION # 38
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 Input Value
B. Standard Rate Value
C. Standard Coverage Value
D. Standard Wash Rule Formula

Answer: D

NEW QUESTION # 39
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 coverage start date
B. as of rate start date
C. as of enrollment start date
D. as of event start date

Answer: D

NEW QUESTION # 40
......

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