Get Ready to Pass the 1z0-1047-24 exam with Oracle Latest Practice Exam [Q14-Q29]

Get Ready to Pass the 1z0-1047-24 exam with Oracle Latest Practice Exam

Get Prepared for Your 1z0-1047-24 Exam With Actual Oracle Study Guide!

Oracle 1z0-1047-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Implementing Absence Accrual Plans: The implementation of Absence Accrual Plans is covered in detail here. Learners will explore the configuration of Derived Factors and understand the process of setting up Eligibility Profiles. The role of Repeating Time Periods in absence management is explained, along with the intricacies of setting up Accrual Plan rules. This section provides practical knowledge on how to effectively implement and manage accrual plans within the system.
Topic 2	Oracle Absence Management Cloud Overview: This section provides an introduction to Oracle Absence Management Cloud, focusing on its main features and concepts. It explains the various setup components within the system and clarifies the distinction between Absence Types and Absence Plans. Additionally, it covers the different types of absence plans available in the system, giving learners a comprehensive understanding of the foundation of Absence Management.
Topic 3	Managing Payroll Integration: This section addresses the integration of Absence Management with Oracle HCM Global Payroll. It describes the setup tasks required for integration and guides learners through the process of creating Rate Definitions. This knowledge is essential for ensuring seamless coordination between absence management and payroll systems.
Topic 4	Implementing Absence Types: The implementation of Absence Types is a crucial aspect covered in this section. It describes how work schedules impact absence duration calculations and explains Absence Type Patterns and Display Features. Learners will assess Work Schedules and Calendar Events, understanding their association with employees. The Absence Types creation process is detailed, along with instructions on scheduling absences using the Absence Self-Service pages.
Topic 5	Implementing Certification Action Items: This section delves into the implementation of Certification Action Items. It covers the types and usages of certification action items and explains the certification creation process. Learners will learn how to associate action items with Absence Types and manage triggered Certifications in a Pending status, ensuring proper documentation and approval processes.
Topic 6	Configuring Absence Qualification Plans: This part focuses on the configuration of Absence Qualification Plans. It describes the various plan terms associated with qualification plans and explains the components of the Qualification Plan Entitlements matrix. Learners will also gain hands-on experience in configuring Qualification Plan rules, enhancing their ability to manage complex absence scenarios.

 

NEW QUESTION # 14
Which two are configured on the absence plan?

• A. Role-based UI control
• B. Enrollment Start Rule
• C. Absence pattern
• D. Certification requirements
• E. Termination rules and relative rate of pay

Answer: B,D

NEW QUESTION # 15
A customer requires their administrator to enter paternity leave for their employees. Paternity leave can only be entered if an employee hasn't taken an absence called special absence in the previous 30 days of the paternity leave start date.
The customer requires also that this paternity leave absence is only available for the employees who have one year of seniority in the company. Employees should notify of the absence at least 30 days in advance of the start date of the absence; otherwise, the absence is not considered timely.
Which configuration should you use to implement these requirements?

• A. 1. Create an absence type using a childbirth or placement pattern.
  2. Enable administrative updates.
  3. Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.
  4. Create an absence certification of type Documentation that prevents absence entry if linked absence of type Special absence exists in the previous 30 days.
• B. 1. Create an absence type using a childbirth or placement pattern.
  2. Enable administrative updates.
  3. Create a validation formula with the logic to evaluate if the "special absence" was taken 30 days before this absence and add it to the absence type.
  4. Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.
  5. Configure the late notification evaluation rule according to the requirement of at least 30 days in advance of the start date.
• C. 1. Create an absence type using a childbirth or placement pattern.
  2. Enable administrative updates.
  3. Create a validation formula with the logic to evaluate if the "special absence" was taken 30 days before this absence and add it to the absence type.
  4. Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.
  5. Configure the late notification evaluation rule according to the requirement of at least 30 days in advance of the start date.
• D. 1. Create an absence type using a childbirth or placement pattern.
  2. Enable administrative updates.
  3. Create a validation formula with the logic to evaluate if the "special absence" was taken 30 days before this absence and add it to the absence type.
  4. Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.
  5. Select the qualified entitlements check box and set the evaluation rule to check for 30 days from the start date.

Answer: C

NEW QUESTION # 16
An employee is enrolled in an accrualplan that has a plan term of 01-january to the 31st of December. You observe that entitlement accruals of the employee happen only on the last day of each month.
Which period type must be associated with the repeating period for this absence plan and the type of plan?
Repeating Period: Start of Month; Accrual Type: Front-Loaded

• A. Repeating Period: Monthly; Accrual Type: Incremental
• B. Repeating period: Monthly; Accrual Type: Front-Loaded
• C. Repeating Period: End of Month; Accrual Type: incremental
• D. Repeating Period: End of Month; Accrual Type: Front-Loaded

Answer: C

NEW QUESTION # 17
You created an Incremental accrual absence plan with a Monthly Accrual processing period, a flat accrual rate of 2.5 hours, and a vesting period of 1 month.
How much accrual will be available to an employee after two months of the employee's enrollment into the accrual plan?

• A. 7.S
• B. 0
• C. 1
• D. 2
• E. 2.5

Answer: D

NEW QUESTION # 18
Your client wants a setup where an employee should start accruing leave balance only after completing two months in the organization.
What will you set up in the Accrual Plan to achieve this requirement?

• A. Waiting Period
• B. Vesting Rule
• C. Partial Period Accrual
• D. Accrual Proration

Answer: A

NEW QUESTION # 19
When creating a Rate Definition to tie to an Absence Accrual Plan, what rate type category would be selected if the value needs to be retrieved from one or more payroll balances?

• A. Balance Definition
• B. Formula
• C. Derived Rate
• D. Element

Answer: C

NEW QUESTION # 20
How many Absence Plan types are there in Oracle Fusion Cloud HCM?

• A. Four
• B. Six
• C. Eight
• D. Seven
• E. Five

Answer: B

NEW QUESTION # 21
An employee is enrolled in the following accrual plans, both of which are linked to the same absence type:
Floating Holiday - Priority 100 - (Balance = 2 days), no negative balance allowed. Vacation - Priority 200 - (Balance = 3 days), negative balance allowed with a limit of 2 days.
How is a 7-day absence processed using this absence plan setup?

• A. Vacation balance is decreased by 3 days and Floating Holiday balance by 2 days.
• B. Floating Holiday balance is decreased by 2 days and Vacation balance by 5 days.
• C. Vacation balance is decreased by 5 days and Floating Holiday balance by 2 days.
• D. Floating Holiday balance is decreased by 2 days and Vacation balance by 3 days.
• E. Floating Holiday balance is decreased by 2 days and Vacation balance by 2 days,

Answer: B

NEW QUESTION # 22
The accrual balance of a worker at the end of an accrual term is 7 days. The carryover limit for the plan is 5 days. The carryover expiry is set to 3 months. The worker has taken 1.5 days of vacation in the first month of the new term. The repeating period of this incremental accrual plan has a Monthly frequency and the accrual granted during each period is 1.5 days.
What is the accrual balance at the end of the 6th month in this new term?

• A. 0
• B. 1
• C. 8.5
• D. 9.5
• E. 7.5

Answer: B

NEW QUESTION # 23
Your Absence Manager is unsure why after running the "Absence and Payroll Info for Reconciliation" extract, there are zeros in the "Absence Plan Unit Difference" column.
How do you explain this?

• A. The relevant absence data was not present.
• B. The extract failed
• C. The data was partially reconciled.
• D. The zeros represent successful reconciliation.

Answer: D

NEW QUESTION # 24
A full-time employee, having a plan balance of 200 hours, is associated with an accrual plan that has a ceiling limit of 250 hours. The employment status of the employee is changed to part-time, which has a reduced accrual plan ceiling limit of 150 hours.
What happens when the Calculate Accruals process in run?

• A. The original balance of 200 hours will remain valid, but will be moved to a different "overflow-plan to be spent as required. The new plan will accrue balances as normal up to the new 150 hours threshold.
• B. The application will automatically reduce the employee's balance to 150 hours to meet the new ceiling limit and new accruals will be generated once the balance falls below this threshold.
• C. The application will generate a zero-accrual record with the new reduced ceiling limit. The balance of 200 hours that the employee had when the employment status was full-time will remain even after the change in employment status because the balance can exceed the new reduced accrual plan celling limit.
  However, a new accrual amount will only be generated once the balance falls below the new accrual ceiling limit.
• D. The original balance of 200 hours will be automatically disbursed through their payroll, and accruals will start generating from that point onward with a ceiling of 150 hours.

Answer: C

NEW QUESTION # 25
A full-time employee, having a plan balance of 200 hours, is associated with an accrual plan that has a ceiling limit of 250 hours. The employment status of the employee is changed to part-time, which has a reduced accrual plan ceiling limit of 150 hours.
What happens when the Calculate Accruals process in run?

• A. The original balance of 200 hours will remain valid, but will be moved to a different "overflow-plan to be spent as required. The new plan will accrue balances as normal up to the new 150 hours threshold.
• B. The application will automatically reduce the employee's balance to 150 hours to meet the new ceiling limit and new accruals will be generated once the balance falls below this threshold.
• C. The application will generate a zero-accrual record with the new reduced ceiling limit. The balance of
  200 hours that the employee had when the employment status was full-time will remain even after the change in employment status because the balance can exceed the new reduced accrual plan celling limit. However, a new accrual amount will only be generated once the balance falls below the new accrual ceiling limit.
• D. The original balance of 200 hours will be automatically disbursed through their payroll, and accruals will start generating from that point onward with a ceiling of 150 hours.

Answer: C

NEW QUESTION # 26
What type of qualification plan term should you use in order for the plan term to equal the start and end dates of the scheduled absence?

• A. Rolling Forward
• B. Absence Duration
• C. No Plan Term
• D. Calendar Year
• E. Rolling Backward

Answer: A

NEW QUESTION # 27
A customer sets up the certification requirement for an absence. After scheduling the absence for a subordinate, the line manager wants to add a certification requirement as an action item, but is unable to do it.
What is the reason for this?

• A. You can add the certification requirement to appear as an action item only during the manual absenceenrollment process.
• B. Only HR Specialists can add the certification requirement, on demand, as an action item when they schedule an absence.
• C. Line managers can configure the certification requirement to appear as an action item after completion of the absence.
• D. Only workers can add the certification requirement, on demand, as an action item when they schedule an absence.

Answer: B

NEW QUESTION # 28
What type of qualification plan term should you use in order for the plan term to equal the start and end dates of the scheduled absence?

• A. Absence Duration
• B. No Plan Term
• C. Calendar Year
• D. Rolling Backward
• E. Rolling Forward

Answer: A

NEW QUESTION # 29
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