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Oracle Absence Management Cloud 2021 Implementation Essentials : 1Z0-1047-21

1Z0-1047-21

Exam Code: 1Z0-1047-21

Exam Name: Oracle Absence Management Cloud 2021 Implementation Essentials

Updated: Aug 15, 2026

Q&A Number: 102 Q&As

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Oracle 1Z0-1047-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Absence Management Overview- Core Concepts of Absence Management Cloud
- Business Flow and Configuration Overview
Topic 2: Absence Entry and Processing- Absence Validation Rules
- Absence Entry and Submission Flow
- Approval Rules and Workflow
Topic 3: Reporting and Integration- Absence Reporting Tools
- Integration with Oracle HCM Cloud
Topic 4: Absence Types and Plans- Absence Plans (Accrual and Qualification)
- Absence Types Configuration
- Plan Rules and Eligibility Setup
Topic 5: Fast Formulas and Rules- Fast Formula Usage in Absence Management
- Eligibility and Accrual Formulas
Topic 6: Accruals and Balances- Accrual Calculation Rules
- Balance Initialization and Adjustments

Oracle Absence Management Cloud 2021 Implementation Essentials Sample Questions:

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 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) Multiply accrual by 5 and return final value
C) 31000931415151
D) 5 YEAR RATE


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


3. 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?

A) 01-Mar-2018
B) 01-Feb-2018
C) 01-May-2018
D) 01-Apr-2018


4. 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) July
C) January
D) December
E) May


5. Which statement is correct about rate definitions?

A) You can associate rate definitions to absence plans.
B) Rates are calculated andresolved in Absence Management.
C) You can associate rate definitions to absence types.
D) Basic salary is used if you do not provide a rate definition when creating an absence plan.
E) You can associate rate definitions to absence certifications.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: A

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