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What is the purpose of the Oracle 1Z0-1047-20 Certification Exam?
In this era of technological advancement, companies need to stay competitive, and employees need to keep up with it. If an employee is unable to attend work or takes a leave, it can cost a company in terms of productivity, lost opportunity, customer dissatisfaction, and potential litigation. This is why more and more companies are looking for ways to automate these tasks so that their employees can focus on doing what they do best, and can rest assured knowing that everything will be handled by a professional. The Absence Management Cloud is a cloud-based tool that allows employers to create and manage absence and compensation plans for their employees. You can learn about it through 1Z0-1047-20 exam dumps. It helps to reduce costs associated with managing and processing absence and compensation plans. Oracle has developed this certification program to provide professionals with the skills and knowledge required to implement and use the Absence Management Cloud. In this program, candidates are asked to demonstrate their knowledge and skills in using the Absence Management Cloud. The goal of the certification is to help companies to create and maintain their absences plans and pay their employees as quickly and efficiently as possible.
What is the prerequisite for the Oracle 1Z0-1047-20 Certification Exam:
You do not need any previous certification or experience to pass the Absence Management Cloud Implementation Essentials exam. However, having a basic knowledge of Oracle EBS Cloud Suite, Oracle Fusion Applications, and Oracle Fusion Applications Advanced would be helpful for passing the exam.
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Oracle 1Z0-1047-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Absence Types & Certifications | 15% | - Track and manage certification status - Define absence types and reasons - Entitlement change types and rules - Configure certification requirements |
| Topic 2: Administration, Integration & Reporting | 20% | - Integration with Global Payroll and Time & Labor - Enrollment, adjustments, and record maintenance - Absence processing and recalculation - Self-service configuration and reporting |
| Topic 3: Absence Accrual Plans | 25% | - Balance adjustments and carryover rules - Accrual definitions and rate formulas - Repeating periods and accrual processing - Compensatory and donation plans |
| Topic 4: Absence Management Overview & Foundation | 15% | - Eligibility profiles and plan assignment - Work schedules, calendars, and derived factors - Implementation framework and setup flow - Key concepts and features of Absence Management |
| Topic 5: Absence Qualification Plans | 25% | - Display and entitlement components - Qualification rules and waiting periods - Entitlement rules and calculation logic - Plan types and term definitions |
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