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Oracle 1Z0-1047-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Integration | - Absence Reporting Tools - Integration with Oracle HCM Cloud |
| Accruals and Balances | - Balance Initialization and Adjustments - Accrual Calculation Rules |
| Absence Types and Plans | - Plan Rules and Eligibility Setup - Absence Types Configuration - Absence Plans (Accrual and Qualification) |
| Fast Formulas and Rules | - Eligibility and Accrual Formulas - Fast Formula Usage in Absence Management |
| Absence Management Overview | - Core Concepts of Absence Management Cloud - Business Flow and Configuration Overview |
| Absence Entry and Processing | - Approval Rules and Workflow - Absence Entry and Submission Flow - Absence Validation Rules |
Oracle Absence Management Cloud 2021 Implementation Essentials Sample Questions:
1. Which four statements about discretionary balance disbursements are false?
A) You can perform balance disbursements for all types of absence plans.
B) Administrators can perform balance disbursements through administrative tasks.
C) Managers can perform balance disbursement throughself-service.
D) Employees can perform balance disbursements through self-service.
E) After you perform a balance disbursement, it goes through approval.
F) Youcan perform balance disbursements for accrual plans only.
2. 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-2018, what will the Enrollment Start Date be set to on the Manage Absence Records page?
A) 01-Apr-2018
B) 01-May-2018
C) 01-Feb-2018
D) 01-Mar-2018
3. Your customer has a requirement where the rate to be used for converting the accrual units to the required units for payroll processing is based on the years of service of the worker. If the length of service is between 0 to 1 years, then the rate to be used for multiplying is 1.If the length of service is between 1 to 2 years, the rate to be used is 2 and so on. The customer has configured rate definitions for each of these rates individually.
You are asked to compose a fast formula that determines the length of service of theworker and dynamically uses the correct rate multiplier for rate calculation. The customer has created a rate definition by the name of
"5YEAR RATE" which has the required rate multiplier value of "5" and a rate_id of "31000931415151".
What value should your Global Plan Use Rate formula return for a worker who has 4.3 years of service to ensure that the right converted value is finally sent to payroll?
A) 5
B) 5 YEAR RATE
C) Multiply accrual by 5 and return final value
D) 31000931415151
4. A business has set up an Incremental accrual plan with a Monthly Repeating period and a calendar year period that runs from January toDecember. The accruals have already been run for an employee till December. The employee had a grade change in June 3 as a result of which the accrual band that the employee falls into has changed.
What is the earliest period for which the accrual could be run for this employee using the Calculate Accruals and Balances ESS job to ensure that the accrual balance at the end of December reflects the right value with the change in bands?
A) July
B) May
C) June
D) January
E) December
5. You run the "Evaluate absences" process for a specific employee with an effective date of 13 July 2017.
The accrual plan term begins on the1st of January.
The employee has the following approved absence records:
* 05 July 2017 - 14 July 2017
* 15 July 2017 - 20 Jul 2017
* 20 December 2017 - 01 January 2018
* 02 February 2018 - 04 February 2018
Which absence records are re-evaluated?
A) 2, 3 & 4
B) 2 & 3
C) 1, 2, 3 & 4
D) 2
E) 1, 2 & 3
Solutions:
| Question # 1 Answer: C,D,E,F | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: B |






