100% Accurate Answers! Oct-2024 1z0-1047-24 Actual Real Exam Questions [Q42-Q61]

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100% Accurate Answers! Oct-2024 1z0-1047-24 Actual Real Exam Questions

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NEW QUESTION # 42
An employee has been promoted, and as a consequence, is now eligible to enroll in the more beneficial Manager Vacation plan.
Which process needs to be run in order for the system to recognize the change and automatically associate the employee with the new plan, as well as transfer any outstanding balances?

  • A. Calculate Accruals and Balances
  • B. Update Accrual Plan Enrollments
  • C. Process Events
  • D. Evaluate Absences

Answer: B


NEW QUESTION # 43
You need to implement a system where public holidays do not affect employees' absence balance. How do you achieve this?

  • A. Apply the public holiday dates to the accrual matrix.
  • B. Create Calendar Events and assign them to the relevant employees.
  • C. Create Calendar Events and assign them as exceptions within the work schedule.
  • D. Create Resource Exceptions and assign them within work schedule.

Answer: C


NEW QUESTION # 44
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. 0
  • B. 1
  • C. 2.5
  • D. 2
  • E. 7.S

Answer: D


NEW QUESTION # 45
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. Floating Holiday balance is decreased by 2 days and Vacation balance by 5 days.
  • B. Floating Holiday balance is decreased by 2 days and Vacation balance by 2 days,
  • C. Vacation balance is decreased by 5 days and Floating Holiday balance by 2 days.
  • D. Vacation balance is decreased by 3 days and Floating Holiday balance by 2 days.
  • E. Floating Holiday balance is decreased by 2 days and Vacation balance by 3 days.

Answer: A


NEW QUESTION # 46
Which two are prerequisites to report absence types from a time card?

  • A. The absence type must be enabled for time cards.
  • B. The work schedule must be enabled for time cards.
  • C. The worker must have a schedule associated with an assignment.
  • D. The absence type has to be associated with an absence plan.
  • E. The absence type must be configured with units of measure of hours.

Answer: A,E


NEW QUESTION # 47
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. Element
  • B. Balance Definition
  • C. Formula
  • D. Derived Rate

Answer: D


NEW QUESTION # 48
You implemented an incremental absence plan with a waiting period of three months and a vesting rule of three months.The leave year runs from 1st of January. There is a flat accrual rate of five hours per month.
If an employee was hired on 01 April, which month should you run the process for in order for this employee to have 20 hours available in their absence entitlement?

  • A. June
  • B. July
  • C. August
  • D. December
  • E. October
  • F. November

Answer: D


NEW QUESTION # 49
Which parameter should you use to limit processing to a specific set of workers in the Evaluate Absence process?

  • A. Person Rule
  • B. Person Selection Rule
  • C. Person Subset
  • D. Person
  • E. Person Eligibility

Answer: A


NEW QUESTION # 50
An employee is enrolled into a plan on a future date. HR searches for the employee on a date earlier than that date, as a result of which the enrollment does not appear by default (because the status is Inactive). HR goes ahead and tries to add a new enrollment to the same plan as of current date.
What is the result of this action assuming accrual has not been run for the old enrollment?

  • A. This results in two enrollments.
  • B. The system throws an error saying an enrollment already exists.
  • C. The plan Is not available in the drop-down menu for adding new enrollment.
  • D. This results in one enrollment with the new enrollment start date.

Answer: D


NEW QUESTION # 51
Which two options are available for Rollover Rule of Accrual Plan?

  • A. Limited by Formula
  • B. Formula
  • C. Limited by Flat Amount
  • D. Flat Amount

Answer: A,C


NEW QUESTION # 52
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. No Plan Term
  • B. Calendar Year
  • C. Rolling Backward
  • D. Absence Duration
  • E. Rolling Forward

Answer: D


NEW QUESTION # 53
Over which four frequencies can you choose to repeat an absence when entering absence details?

  • A. Specific Number of Hours
  • B. Hours
  • C. Specific Number of Months
  • D. Daily
  • E. Specific Number of Days
  • F. Weekly
  • G. Monthly
  • H. Specific Number of Weeks

Answer: A,D,F,G


NEW QUESTION # 54
How many Absence Plan types are there in Oracle Fusion Cloud HCM?

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

Answer: A


NEW QUESTION # 55
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. Select the qualified entitlements check box and set the evaluation rule to check for 30 days from 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. Configure the late notification evaluation rule according to the requirement of at least 30 days in advance of the start date.

Answer: B


NEW QUESTION # 56
When assigning work schedules via the Manage Work Schedule Assignment Administration task, which level has the highest priority and which level the lowest?

  • A. Highest > Assignment; Lowest > Legal Employer
  • B. Highest > Assignment; Lowest > Enterprise
  • C. Highest > Person; Lowest > Enterprise
  • D. Highest > Legal Employer; Lowest > Person

Answer: B


NEW QUESTION # 57
In addition to "On Submit, " which other trigger is available when creating absence certifications?

  • A. On Demand
  • B. On Save
  • C. On Due Date
  • D. Ad Hoc

Answer: B


NEW QUESTION # 58
Your client has a requirement that any employee will not get enrolled into the vacation plan for the first six months of hire. Enrollment and accruals will start after the completion of six months. The plan needs to be Front-Loaded.
How will you configure this in the system?

  • A. Write Partial Period Fast formula that enrolls employees only after six months from their hire date.
  • B. Create a rule in Accrual Matrix where you will check the length of service of an employee and If it is less than six months then accrual value should be 0.
  • C. Create a plan having a Waiting Period with UOM as Months and duration as six.
  • D. Create a plan having vesting Period with UOM as Months and duration as six.

Answer: C


NEW QUESTION # 59
Which three statements are true about absence management?

  • A. Absence Management tracks monetary balances.
  • B. Absence Management uses elements for calculating entitlements or maintaining accrual balances.
  • C. Absence Plans are the bridges between Absence Management and Global Payroll.
  • D. Absence types push data into Absence cards.
  • E. Absence plans push data into the Calculation card.
  • F. Absence Management is responsible for accrual, balances, and entitlements calculation.

Answer: A,C,E


NEW QUESTION # 60
Absence Plan eligibility can be based on a formula. Which formula type must be selected for this purpose?

  • A. Eligibility Criteria
  • B. Participation and Rate Eligibility
  • C. Eligibility Profile
  • D. Participation Eligibility

Answer: A


NEW QUESTION # 61
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Oracle 1z0-1047-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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.
Topic 2
  • 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 3
  • Managing Administration Tasks: Administrative tasks are a key focus in this part. It covers how to administer plan enrolments and adjustments, as well as create, maintain, and recalculate absences as administrators. The execution of Absence Management scheduled processes is also explained, providing learners with the skills to effectively manage the system.

 

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