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Oracle Benefits Cloud 2022 Implementation Professional Sample Questions (Q27-Q32):

NEW QUESTION # 27
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

• A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
• B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
• C. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
• D. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.

Answer: A

NEW QUESTION # 28
Which object is NOT included in benefit export?

• A. Eligibility profile
• B. Plan not in program configuration
• C. Program configuration
• D. Element input values

Answer: D

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-exports-and-imports.html#FAIBF1020137

NEW QUESTION # 29
Which statement about configuring Designation Requirements is true?

• A. A plan must have multiple options for Designation Requirement to be configured.
• B. A plan must have the waive option for Designation Requirement to be configured.
• C. A Designation Requirement cannot be configured for a plan with no option.
• D. A Designation Requirement can be configured for a plan with no option.

Answer: A

NEW QUESTION # 30
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. 2
• D. 32.5

Answer: A

NEW QUESTION # 31
Can you define overspending of a budget pool in flex credit shell plans?

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

Answer: A

NEW QUESTION # 32
......

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