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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. 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 rate start date
C) as of event start date
D) as of coverage start date
2. What rate is used for the flex creditprogram to adjust the total cost of the program?
A) Standard Secondary Rate
B) Rollover Rate
C) Standard Rollover Rate
D) Standard Primary Rate
3. Can you define overspending of a budget pool in flex credit shell plans?
A) No, you do not have aplace holder.
B) Yes, you can define it as per the flex credit formula.
C) Yes, you can define it in the standard rates.
D) Yes, you can define it in the spending options.
4. 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 31, 2017
B) January 15, 2017
C) January 22, 2017
D) December 28, 2016
5. An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option's rate amount isn't displayed in the total summary section on the right side of the page.
Which is a reason for this problem?
A) The rate activity type for payroll information is configured as employee contribution.
B) The rate is configured as secondary rate and not primary rate.
C) The rate is inactive.
D) The rate activity type for payroll information is configured as cost.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |




