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Oracle Fusion Absence Management Cloud Service 1Z0-1047 The free demo has three versions.
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1Z0-1047 PDF DEMO:
QUESTION NO: 1
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 the worker 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 YEAR RATE
B. Multiply accrual by 5 and return final value
C. 31000931415151
D. 5
Answer: B
QUESTION NO: 2
Your customer has many absence entries in the system that they want to withdraw using HDL.
Which command should you pass in the load file to withdraw all of these entries?
A. UPDATE
B. MERGE
C. WITHDRAW
D. DELETE
E. CREATE
Answer: C
QUESTION NO: 3
Which three statements are true about absence management? (Choose three.)
A. Absence types push data into Absence cards.
B. Absence Plans are the bridges between Absence Management and Global Payroll.
C. Absence Management uses elements for calculating entitlements or maintaining accrual balances.
D. Absence plans push data into the Calculation card.
E. Absence Management is responsible for accrual, balances, and entitlements calculation.
F. Absence Management tracks monetary balances.
Answer: C,D,E
QUESTION NO: 4
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 type until 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. Use the Hire date option that is available in the Eligibility Profile under employment.
D. 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.
Answer: C,D
QUESTION NO: 5
You selected the "Evaluate remaining entitlement without absence record" check box on the
Participation tab of the Create Absence Plan page for a qualification plan whose term is Calendar
Year. This enables HR specialists to______.
A. view partial plan entitlements when a worker applies for multiple absences and all of the absences fall in different payment percentages
B. view complete qualification plan entitlement details defined for a worker, even without an absence record.
C. view partial plan entitlements when a worker applies for only a single absence for the plan
D. view partial plan entitlements when a worker applies for multiple absences and all of the absences fall in the same payment percentage
Answer: B
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Updated: May 28, 2022