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Latest 1z0-1047-24 Test Prep - Frequent 1z0-1047-24 Updates

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Oracle Absence Management Cloud 2024 Implementation Professional Sample Questions (Q60-Q65):

NEW QUESTION # 60
Which three elements make up the structure of a work schedule?

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

Answer: C,D,E

NEW QUESTION # 61
Which two options are available for Rollover Rule of Accrual Plan?

A. Limited by Flat Amount
B. Formula
C. Flat Amount
D. Limited by Formula

Answer: A,D

NEW QUESTION # 62
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 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.
B. 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.
C. 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.
D. 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.

Answer: D

NEW QUESTION # 63
How many Absence Plan types are there in Oracle Fusion Cloud HCM?

A. Eight
B. Seven
C. Four
D. Six
E. Five

Answer: D

NEW QUESTION # 64
An employee is enrolled in an accrualplan that has a plan term of 01-january to the 31st of December. You observe that entitlement accruals of the employee happen only on the last day of each month.
Which period type must be associated with the repeating period for this absence plan and the type of plan?
Repeating Period: Start of Month; Accrual Type: Front-Loaded

A. Repeating period: Monthly; Accrual Type: Front-Loaded
B. Repeating Period: End of Month; Accrual Type: incremental
C. Repeating Period: End of Month; Accrual Type: Front-Loaded
D. Repeating Period: Monthly; Accrual Type: Incremental

Answer: B

NEW QUESTION # 65
......

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