Latest Oracle 1Z0-1047-21 Exam questions and answers [Q43-Q65]

NO.43 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?

NO.44 Your customer has a requirement that if the employee raises an absence request, it will go to the Line Manager for approval, whereas if anyone other than the employee raises an absence request, it should go to the Department Head (AOR)for approval.
How will you set up these rules?

NO.45 What are two valid Entitlement Definition Types for the Entitlement Attributes section?

NO.46 You run the “Evaluate absences” process for a specific employee with an effective date of 13 July 2017.
The accrual plan term begins on the1st of January.
The employee has the following approved absence records:
* 05 July 2017 – 14 July 2017
* 15 July 2017 – 20 Jul 2017
* 20 December 2017 – 01 January 2018
* 02 February 2018 – 04 February 2018
Which absence records are re-evaluated?

NO.47 When setting the expiration detailsfor a Compensatory Plan, which of the following is a valid option?

NO.48 Which are the types of Derived Factors that can be set up?

NO.49 The accrual balance of a workerat the end of an accrual term is 7 days. The carryover limit for the plan is 5 days. The carryover expiry is set to 3 months. The worker has taken 1.5 days of vacation in the first month of the new term. The repeating period of this incremental accrual plan has a Monthly frequency and the accrual granted during each period is 1.5 days.
What is the accrual balance at the end of the 6th month in this new term?

NO.50 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?

NO.51 You will be integrating Absence Management with Fusion Payroll.
What should you set up in Absences to implement this?

NO.52 As an administrator, you want to perform a discretionary disbursement from the vacation plan for an employee. However, when selecting the disburse balance option, youget a message “No actions available”.
What is the reason for receiving this message?

NO.53 Which three statements are correctabout absence reasons?

NO.54 You defined a 3-month rolling-backward term in your qualification plan withthe include overlap rule. You set up entitlement bands as shown below:
SequenceDurationPayment Percentage
1.)10 days100%
2.)10 days50%
You submit a 10-day absence. Another 4-day absence already exists which starts within 3 months earlier than the start date of the current absence.
Which option corresponds to the behavior in terms of entitlement usage, based on this configuration?

NO.55 Which three are truestatements about Absence and Payroll integration?

NO.56 Your organization indicates that the ceiling amount ofdonated entitlement varies according to length of service.
Which ceiling rule type should be used?

NO.57 You configured an eligibility profile with the following selections:

Select two employees who will be eligible for this absence.

NO.58 You configure a Holiday absence type with the “Insufficient Balance Enforcement” rule set to Not Enabled for administrative transactions and you associate it with an absence plan that has “Allow Negative Balance?”set to No.
Select the outcome that would occur if an administrator submits a Holiday with an absence type duration of 15 days for an employee who has only 10 days of balance left.

NO.59 When creating a Rate Definition to tie to an Absence Accrual Plan, what ratetype category would be selected if the value needs to be retrieved from one or more payroll balances?

NO.60 Which three statements are true about absence management? (Choose three.)

NO.61 Which two statements are correct about absence types? (Choose two.)

NO.62 You create an Incremental accrual absence plan with a Monthly Accrual Processing Period, a flat accrual rate of 2.5 hours, a waiting period of 2 months, and a vesting period of 1 month.
If a worker is found eligible for the plan as of a hire date of 01-Feb-2018, what will the Enrollment Start Date be set to on the Manage Absence Records page?

NO.63 Which statement is correct about rate definitions?

NO.64 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.)

NO.65 You have a requirement to base the accrual definition on Legal employer seniority date. The accrual will be given based on the Legal employer seniority date and will be different for varied length of service.
Which configuration meets this requirement?