Newest Oracle 1Z0-1047-24 Practice Questions at Zero Cost

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Question 1

Your client has a requirement that only employees whose user person type is "Regular Employee" are eligible for absence plan.

Which two options are applicable?

Write a fast formula of type Global Absence Entry Validation and get user person type from this

formula.

ACreate a Participant eligibility profile and select User person type from Person Type under Employment.

BCreate a Participant eligibility profile and select User person type from Person Type under Personal.

CWrite a fast formula of type Participant and Rate Eligibility, get user person type from this

DWrite a fast formula of type Participant and Rate Eligibility, get user person type from this formula, and attach this formula to an eligibility profile.

Correct Answer: 1

B, D

Question 2

Your client wants only those employees who have completed one year of service to be eligible for an absence plan.

Which two configurations should you perform so that employees will not see absence types associated with the plan until they are eligible?

ASet the Waiting Period field on the Participation page to one year from the Enrollment Start Date.

BCreate 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.

CSet the Vesting Rule, duration, and UOM on the Accrual Attributes page to Elapsed Period, 1 Years.

DUse the Hire date option that Is available in the Eligibility Profile under Employment.

Correct Answer: 2

B, D

Question 3

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?

AThe 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.

BThe 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.

CThe 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.

DThe 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.

Correct Answer: 3

Question 4

An employee is enrolled in the following accrual plans, both of which are linked to the same absence type:

Floating Holiday - Priority 100 - (Balance = 2 days), no negative balance allowed. Vacation - Priority 200 - (Balance = 3 days), negative balance allowed with a limit of 2 days.

How is a 7-day absence processed using this absence plan setup?

AFloating Holiday balance is decreased by 2 days and Vacation balance by 5 days.

BVacation balance is decreased by 3 days and Floating Holiday balance by 2 days.

CVacation balance is decreased by 5 days and Floating Holiday balance by 2 days.

DFloating Holiday balance is decreased by 2 days and Vacation balance by 3 days.

EFloating Holiday balance is decreased by 2 days and Vacation balance by 2 days,

Correct Answer: 4

Question 5

After enabling which four options does the process of local and global transfers include automation of accrual plan enrollment and copying of plan balances for accrual plans?

Correct Answer: 5

A, B, C, D, E, F

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