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Oracle Benefits Cloud 2022 Implementation Professional Sample Questions (Q38-Q43):

NEW QUESTION # 38
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 IF is complete and closed. Marriage LE is triggered and has made elections.
  • B. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
  • C. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
  • D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Answer: D


NEW QUESTION # 39
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

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

Answer: A,D

Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm


NEW QUESTION # 40
Which three are correct methods by which enrollment results can be created and made available for viewing?

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

Answer: A,B,E


NEW QUESTION # 41
Can you define overspending of a budget pool in flex credit shell plans?

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

Answer: C


NEW QUESTION # 42
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. 0
  • B. 1
  • C. 32.5
  • D. 2

Answer: B


NEW QUESTION # 43
......

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