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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q55-Q60):

NEW QUESTION # 55
Which statement about Waive options is true?

A. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
B. Waive options are options which do not require any dependent/beneficiary designation.
C. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Answer: D

NEW QUESTION # 56
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 input Value
B. Standard Rate Value
C. Standard Coverage Volume
D. Standard wash Rule formula

Answer: A

NEW QUESTION # 57
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

A. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
B. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
C. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
D. All plans can be configured at the plan level.

Answer: A

NEW QUESTION # 58
Which two statements are correct with respect to required action in the eligibility profile?

A. If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
B. If all profiles are requited, then at least one of the profiles must be satisfied.
C. If all profiles are optional, then at least one of the profiles must be satisfied.
D. If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

Answer: D

NEW QUESTION # 59
Which benefit object must be created prior to creating an option?

A. Plan
B. Plan Type
C. Coverage
D. Rate

Answer: A

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.html#FACMB307292

NEW QUESTION # 60
......

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