1z0-1106-2 Oracle HCM Business Process Foundations Associate Rel2 Questions and Answers

An employee can update their skills, qualifications, competencies, and accomplishments in their Career Preferences section of their talent profile. The Career Preferences section allows employees to add or remove skills, update qualifications, and add competencies and accomplishments that they have acquired. This information can be used for career planning, succession planning, and development opportunities.

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A candidate selection workflow defines the steps that a candidate must complete before being hired. Each step can have one or more statuses that indicate the progress of the candidate. For example, a step called Interview can have statuses such as Scheduled, Completed, Passed, Failed, etc. A candidate selection workflow can be customized for different job requisitions and can include steps such as screening, assessment, offer, background check, etc.

https://docs.oracle.com/en/cloud/saas/talent-management/21d/faimh/overview-of-recruiting.html

https://support.oracle.com/knowledge/Oracle%20Fusion%20Applications/1542019_1.html

https://docs.oracle.com/en/cloud/saas/human-resources/22b/faiam/types-of-absence-plans.html

According to the Oracle HCM Business Process Foundations Associate Rel 1 official book, sourcing is all about creating compelling job descriptions and attractive career sites that are both attention-grabbing and informative. This part of the recruiting process is essential for attracting high-quality and suitable candidates for the job. The other options (Screening, Hiring, Scoping, and Selecting) are not part of the sourcing process and are related to other stages of the recruiting process.

https://www.oracle.com/human-capital-management/recruiting/

According to Oracle’s documentation1, the four groups of compensation history that will be displayed are:

• Salary: This group includes base salary changes that were applied to the worker, such as promotions, transfers, or adjustments.
• Recurring Payments: This group includes recurring payments that were applied to the worker, such as allowances, bonuses, commissions, or overtime.
• Other Compensation: This group includes variable cash and non-cash compensation that were applied to the worker, such as awards, gifts, incentives, or recognition.
• Stock: This group includes stock option grants that were applied to the worker.

Absence Management and Payroll are connected in that certain absences can result in deductions to the employee's net pay. For example, if an employee is absent due to vacation or sick leave, their pay may be reduced to reflect the days they were not at work. On the other hand, some absences, such as jury duty or bereavement leave, do not affect the employee's net pay.

This is because some absences are paid and some are unpaid, depending on the type of absence and the employee’s contract. For example, sick leave or vacation leave might be paid, while personal leave or unauthorized absence might be unpaid.

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A derived factor is a factor that is derived from other factors or data elements, such as age or gender. When using an age-derived factor, it will be tied to an Eligibility Profile, which is used to define which employees are eligible for a particular benefit. For example, an Eligibility Profile could be set up to provide benefits only to employees 21 years of age and older. Reference: Oracle HCM Business Process Foundations Associate Rel 1, Chapter 5 - Benefits, page 31.

https://docs.oracle.com/en/cloud/saas/human-resources/22d/faibf/examples-of-derived-factors.html

This is an important process in the Oracle HCM Business Process Foundations Associate Rel 1 official book. In this process, reported time is first converted to calculated time. This is done by taking into account any exceptions, such as overtime, shift differentials, or holidays. Once the calculated time is obtained, it is then used to determine the employee's net pay.

According to Oracle Time and Labor datasheet1, one of the key features of Oracle Time and Labor is to support time conversion which transforms reported time into calculated time based on predefined rules1. Reported time is the raw data entered by workers or managers, while calculated time is the processed data that can be used for payroll or other purposes2

The first critical path of payroll processing is to calculate payroll. This involves calculating wages, deductions, and taxes for all employees in the system, taking into account any payroll rules, policies, or other regulations. After calculating payroll, the results can then be archived, payments can be made via Electronic Funds Transfer (EFT), and any prepayments can be calculated.

https://www.oracle.com/human-capital-management/payroll/

Oracle Fusion Cloud HCM is a complete cloud solution that connects every human resource process—and every person—across your enterprise. It helps you create a community where people feel valued, heard, and like they belong.

https://www.oracle.com/human-capital-management/

Worker-Level budgeting is the correct answer. This budgeting method allows you to determine budget amounts by employee eligible salaries for each manager.

https://docs.oracle.com/en/cloud/saas/human-resources/23a/faiwc/budgeting-methods-in-workforce-compensation-plan-budget-pools.html