Free Oracle 1Z0-1047-24 Exam Practice Questions & Explanations

Last updated on: Nov 1, 2026
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Question 1

When creating a Rate Definition to tie to an Absence Accrual Plan, what rate type category would be selected if the value needs to be retrieved from one or more payroll balances?

Answer Options
Correct Answer: C
Question 2

You created an Incremental accrual absence plan with a Monthly Accrual processing period, a flat accrual rate of 2.5 hours, and a vesting period of 1 month.

How much accrual will be available to an employee after two months of the employee's enrollment into the accrual plan?

Answer Options
Correct Answer: E
Question 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, what will the Enrollment Start Date be set to on the Manage Absence Records page?

Answer Options
Correct Answer: D
Question 4

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?

Answer Options
Correct Answer: A, B, C, D, E, F
Question 5

Which three statements are true about the "Selected dates" frequency?

Answer Options
Correct Answer: A, B, E