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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

A) This requirement can be achieved through customization only.
B) This requirement cannot be achieved in the current system offerings.
C) This requirement can be completely achieved with configuration only.
D) This requirement cannot be achieved with configurations, and would require custom Fast Formula.

2. Hours Worked, Full-Time Equivalent, Compensation

A) Derived factor types
B) Valid type of life event
C) Rate visibility issue
D) Creation of enrollment results

3. Can you define overspending of a budget pool in flex credit shell plans?

A) Yes, you can define it in the standard rates.
B) Yes, you can define it as per the flex credit formula.
C) No, you do not have a place holder.
D) Yes, you can define it in the spending options.

4. A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A) Life events affect benefits processing for a participant.
B) Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.
C) The amount of deduction from employee pay check for enrollment is varied based on a life event.
D) Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program.

5. Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. The Timeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A) The employee is not eligible for life events.
B) No collapsing rule was set.
C) The Marriage event occurred before the Transfer event.
D) The process doesn,t evaluate other events that occur later than the Marriage event until you decide what action to take for that event.

Solutions: