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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

A) It is the first day of the open enrollment period.
B) It is the date on which default benefits assignments are made.
C) It is the effective date of the open event and the date on which eligibilityis evaluated.
D) It Is the last day of the open enrollment period.

2. Which three are correct methods by which enrollment results can be created and made available for viewing?

A) when an electable choice is saved as a part of self-service enrollment
B) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
C) after the Evaluate Life Events batch process is completed successfully
D) after the Close Enrollment process hascompleted
E) when a default enrollment is processed

3. Which is NOT a derivedfactor type?

A) Grade
B) Full-Time Equivalent
C) Hours Worked
D) Compensation

4. How many life events can be included in a collapsing rule?

A) 12
B) 8
C) 10
D) 7

5. 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 Rate Value
B) Standard input Value
C) Standard Coverage Volume
D) Standard wash Rule formula

Solutions: