Oracle Exam 2024 1z0-1047-24 Dumps Updated Questions UPDATED Nov-2024 [Q11-Q30]

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Oracle Exam 2024 1z0-1047-24 Dumps Updated Questions UPDATED Nov-2024

Get The Most Updated 1z0-1047-24 Dumps To Oracle Fusion Absence Management Cloud Service Certification

NEW QUESTION # 11
An employee's start date changes, and you realize the change will have an impact on that employee's absence plan enrollments.
Which process do you need to run to automatically adjust the enrollment details?

  • A. Update Enrollment Status
  • B. Update Accrual Plan Enrollments
  • C. Update Plan Entitlements
  • D. Update New Starter Absence Details

Answer: B


NEW QUESTION # 12
You create an Incremental accrual absence plan with a Monthly Accrual Processing Period, a flat accrual rate of 2.5 hours, a waiting period of 2 months, and a vesting period of 1 month.
If a worker is found eligible for the plan as of a hire date of 01-Feb, what will the Enrollment Start Date be set to on the Manage Absence Records page?

  • A. 01-May
  • B. 01-Apr
  • C. 01-Feb
  • D. 01-Mar

Answer: B


NEW QUESTION # 13
You configured a donation plan in your organization for workers to donate accrual plan balances to coworkers.
But when a donation was initiated by one of the workers, the accrual plan could NOT identify the donation plan.
Which are the two possible reasons for this?

  • A. The worker receiving the donation, needing additional time off, was not enrolled to the donation plan.
  • B. The plan limits for the donation and accrual plans are different.
  • C. The worker receiving the donation, needing additional time off, was not enrolled to the accrual plan.
  • D. The unit of measure for the donation and accrual plans are different.
  • E. You need to create donation and compensatory plans to initiate the donation.

Answer: A,D


NEW QUESTION # 14
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. Process Events
  • B. Update Accrual Plan Enrollments
  • C. Evaluate Absences
  • D. Calculate Accruals and Balances

Answer: B


NEW QUESTION # 15
Which three elements make up the structure of a work schedule?

  • A. Days
  • B. Schedule
  • C. Pattern
  • D. Matrix
  • E. Shift

Answer: A,C,E


NEW QUESTION # 16
Which option can be configured when you create a donation absence plan in accordance with the leave policy of your enterprise?

  • A. Disbursement Rules
  • B. Balance Transfers
  • C. vesting Period
  • D. Accrual Matrix

Answer: A


NEW QUESTION # 17
Which tab would you need to adjust to allow employees to attach documents when recording absences?

  • A. Plans and Reasons
  • B. Display Features
  • C. Type Attributes
  • D. Action Items

Answer: B


NEW QUESTION # 18
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 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.
  • C. 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.
  • D. 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.

Answer: B


NEW QUESTION # 19
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 extract failed
  • B. The zeros represent successful reconciliation.
  • C. The relevant absence data was not present.
  • D. The data was partially reconciled.

Answer: B


NEW QUESTION # 20
Which two are valid Entitlement Definition Types for the Entitlement Attributes section?

  • A. Absence Duration
  • B. Formula
  • C. Qualification Date
  • D. Matrix
  • E. Absence Start Date
  • F. As of Event

Answer: B,D


NEW QUESTION # 21
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. July
  • B. August
  • C. December
  • D. October
  • E. November
  • F. June

Answer: C


NEW QUESTION # 22
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. Partial Period Accrual
  • B. Accrual Proration
  • C. Vesting Rule
  • D. Waiting Period

Answer: D


NEW QUESTION # 23
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. Calendar Year
  • B. Rolling Backward
  • C. No Plan Term
  • D. Absence Duration
  • E. Rolling Forward

Answer: E


NEW QUESTION # 24
Which two tabs are common between the accrual absence plan and the qualification absence plan?

  • A. Absence Calculation
  • B. Plan Attributes
  • C. Participation
  • D. Entitlements
  • E. Plan Balances and Transfers

Answer: B,C


NEW QUESTION # 25
A customer has the following absence records:

You run the "Evaluate Absence" process with an effective date of 07 April. Which absences will be processed?

  • A. 1, 4, 5
  • B. 2, 3, 4, 5, 6
  • C. 2, 4, 5
  • D. 2, 4, 5, 6

Answer: C


NEW QUESTION # 26
A worker is scheduled to work from Monday to Friday. As an HR administrator, you receive a call from the worker on Friday evening 10-Mar-2023, that they are on vacation from ll-Mar-2023 (Saturday) and will be back at work on 27-Mar-2023 (Monday). The absence type for vacation has no duration formula or plans attached and the duration is measured in Days. There is a calendar exception on 24-Mar-2023 (Friday).
What should be the start date, end date, and the duration of this absence record if the "Schedule nonworking.

  • A. Start Date: ll-Mar-2023 End Date: 24-Mar-2023 Duration: 14
  • B. Start Date: 13-Mar-2023 End Date: 23-Mar-2023 Duration: 11
  • C. Start Date: 13-Mar-2023 End Date: 23-jMpr-2023 Duration: 9
  • D. Start Date: l3-Mar-2023 End Date: 24-Mar-2023 Duration: 10
  • E. Start Date: ll-Mar-2023 End Date: 27-Mar-2023 Duration: 17
  • F. Start Date: ll-Mar-2023 End Date: 26-Mar-2023 Duration: 16

Answer: E


NEW QUESTION # 27
Your client wants only those employees who have completed one year of service to be eligible for an absence plan.
Which two configurations should you perform so that employees will not see absence types associated with the plan until they are eligible?

  • A. Set the Vesting Rule, duration, and UOM on the Accrual Attributes page to Elapsed Period, 1 Years.
  • B. Use the Hire date option that Is available in the Eligibility Profile under Employment.
  • C. Create a derived factor of Type Length of service (by checking the length of service for one year), and call this derived factor in the Eligibility profile on the participation page.
  • D. Set the Waiting Period field on the Participation page to one year from the Enrollment Start Date.

Answer: B,C


NEW QUESTION # 28
What is the purpose of an eligibility profile on a certification definition?

  • A. To determine plan eligibility
  • B. To allow overrides of a payment percentage for eligible employees
  • C. To prevent payment of qualified entitlements to ineligible employees
  • D. To limit the types of employees who have the certification auto-generated when an absence is created

Answer: D


NEW QUESTION # 29
Absence Plan eligibility can be based on a formula. Which formula type must be selected for this purpose?

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

Answer: C


NEW QUESTION # 30
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Oracle 1z0-1047-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 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 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.
Topic 4
  • 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.

 

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