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Oracle 1Z0-1047-21 Exam Syllabus Topics:

Oracle Absence Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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) June
B) May
C) December
D) January
E) July

2. A customer loaded the initial accrual balances using HDL. After the completion of this task, the accrual balances are not visible in the Plan Participation region.
What should thecustomer do next so that the accrual balances are displayed in the Plan Participation region in Manage Absence Records?

A) Set the "Qualified Entitlements" display feature to "Enabled".
B) Run the "Calculate Accruals and Balances" process.
C) Set the "Projected Balances" display feature to "Enabled".
D) Run the "Evaluate Absences" process.

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

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

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

Solutions: