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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q48-Q53):

NEW QUESTION # 48
A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. 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 event start date
B. as of enrollment start date
C. as of coverage start date
D. as of rate start date

Answer: A

NEW QUESTION # 49
Can you change the column text of primary and secondary rates on the Benefit self-service page?

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

Answer: D

NEW QUESTION # 50
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 l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
B. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Answer: B

NEW QUESTION # 51
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 input Value
D. Standard Rate Value

Answer: C

NEW QUESTION # 52
The reinstatement rule enables you to restore elections during which two events?

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

Answer: A,B

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

NEW QUESTION # 53
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