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Oracle 1Z0-1047-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accruals and Balances- Balance Initialization and Adjustments
- Accrual Calculation Rules
Topic 2: Reporting and Integration- Integration with Oracle HCM Cloud
- Absence Reporting Tools
Topic 3: Absence Management Overview- Business Flow and Configuration Overview
- Core Concepts of Absence Management Cloud
Topic 4: Fast Formulas and Rules- Eligibility and Accrual Formulas
- Fast Formula Usage in Absence Management
Topic 5: Absence Entry and Processing- Approval Rules and Workflow
- Absence Entry and Submission Flow
- Absence Validation Rules
Topic 6: Absence Types and Plans- Absence Types Configuration
- Absence Plans (Accrual and Qualification)
- Plan Rules and Eligibility Setup

Oracle Absence Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Which three statements are correctabout absence reasons?

A. They can only be entered by theemployee submitting the absence.
B. They are used for grouping of absences.
C. They are an optional attribute of an absence.
D. The same reason can be associated with multiple absence types.
E. A default value is associated with the absence type.
F. They are linked to a country.


Question 2

Your client wants only those employees who have completed one year of service to be eligible for an absence type.
Which two configurations should you perform so that employees will not see this absence typeuntil they are eligible? (Choose two.)

A. Set the Waiting Period field on the Participation page to one year from the Enrollment Start Date.
B. Set the Vesting Rule, duration and UOM on the Accrual Attributes page to .Elapsed Period,1, Years.
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. Use the Hire date option that is available in the Eligibility Profile under employment.


Question 3

Your customer has an absence type that is linked to an accrual plan and has "Deferred processing on initial entry" enabled.
Which ESS job will you run to ensure that the accrual plan entries are created for the absence?

A. Evaluate Absences
B. Calculate Accruals and Balances
C. Update Accrual Plan Entries
D. Update Accrual Plan Enrollments
E. Evaluate Certification Updates


Question 4

Your client has a requirement that the employee will not get enrolled into the plan for 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 youconfigure this in the system?

A. Create a rule in Accrual Matrix where you will check the length of service of an employee and if the Length of Service is less than six months then accrual value should be 0.
B. Create a plan having Vesting Period with UOM as Months and duration as 6.
C. Create a plan having a Waiting Period with UOM as Months and duration as 6.
D. Write partial period fast formula that enrolls the employee only after six months from hire date.


Question 5

You have a requirement where you need to add an extra month's salary to the annualized base salary in a rate definition.
One example employee has an annual amount on his or her base salary element entry as 36,000. The 13th month salary would therefore be 3,000 (36000/12).
For this requirement,what periodicity should you select for the total returned rate details section on the Create Rate Definitions page?

A. Calendar Month
B. Annually
C. Lunar Month
D. Semi Annually
E. Daily
F. Monthly


Solutions:

Question 1
Answer: A,D,E
Question 2
Answer: C,D
Question 3
Answer: A
Question 4
Answer: D
Question 5
Answer: C

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