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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. What rate is used for the flex creditprogram to adjust the total cost of the program?

A) Rollover Rate
B) Standard Secondary Rate
C) Standard Rollover Rate
D) Standard Primary Rate

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

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

3. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A) 30
B) 32.5
C) 130
D) 40

4. Which two are program types when you configure Flex Credits?

A) Flex Credits and Core
B) Flex
C) Other Credits
D) Core

5. Which three are change opportunities an organization can implement during Open Enrollment?

A) enroll in existing plans
B) update rates
C) decline coverage
D) Start new benefit offerings
E) modify plan configuration

Solutions: