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Oracle 1z0-1162-1 Guide - New 1z0-1162-1 Exam Guide

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Oracle 1z0-1162-1 Exam Syllabus Topics:

Topic
Details

Topic 1

Oracle Cloud Applications and Oracle Modern Best Practice (OMBP): This section of the exam measures the skills of cloud application specialists and covers the offerings and capabilities of Oracle Cloud Applications. It includes an overview of the Oracle HCM suite, explaining its key features, data flow, and integration points within the HCM OMBPs.

Topic 2

OMBPs for HR and Payroll: This section of the exam measures the skills of HR process analysts and covers workforce strategies within HR and Payroll. It includes an explanation of business process flows, design considerations, key takeaways, and metrics to measure workforce trends in these OMBPs.

Topic 3

OMBPs for Talent Acquisition and Talent Management: This section of the exam measures the skills of talent management consultants and focuses on the business process flow from recruit to onboard in Talent Management. It explains the design considerations, key takeaways, and metrics used to identify team skills and candidates within these OMBPs.

Topic 4

OMBPs for Workforce Management and Rewards: This section of the exam measures the skills of workforce management specialists and focuses on business process flows within Workforce Management. It includes key design considerations, takeaways, and metrics to ensure compliance in Workforce Management OMBPs.

Topic 5

Oracle Cloud Success Navigator and Oracle Cloud Quality Standards: This section of the exam measures the skills of cloud implementation consultants and emphasizes the importance of Cloud Success Navigator and Cloud Quality Standards for optimizing cloud solutions. It explains how OMBPs are embedded with Starter Configuration to streamline implementation processes.

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Oracle Fusion Cloud Applications HCM Foundations Associate - Rel 1 Sample Questions (Q17-Q22):

NEW QUESTION # 17
Which two metrics effectively evaluate the Benefits to Coverage OMBP in Oracle Fusion Cloud HCM?

A. Provider Network Size, analyzes the variety of benefits providers available to employees.
B. Deduction Accuracy Rate, assesses the precision of payroll deductions for benefits, ensuring correct calculations.
C. Benefits Enrollment Ratio, measures the proportion of eligible employees enrolling in benefits plans.
D. Time to Process Claims, tracks the duration taken to process and approve benefits claims.

Answer: B,D

Explanation:
Comprehensive and Detailed Explanation:TheBenefits to Coverage Objective Measurement and Benchmarking Practice (OMBPs)in Oracle Fusion Cloud HCM help organizations assess the efficiency and effectiveness of their benefits administration processes. The two most crucial metrics are:
* Time to Process Claims:Measures the average time taken for processing benefits claims. A shorter processing time indicates an efficient benefits system that ensures employee satisfaction.
* Deduction Accuracy Rate:Evaluates payroll deductions' precision for employee benefits. Inaccuracies can lead to compliance issues, employee dissatisfaction, and payroll errors.
References:Oracle Fusion Cloud HCM - Benefits Administration and Payroll Integration Guide.

NEW QUESTION # 18
Which three features are included in a Starter Configuration?

A. Artificial Intelligence capabilities
B. Sample master data and transaction data
C. Customer production data
D. Customization of standard features
E. Configuration of Oracle Cloud Applications

Answer: A,B,E

Explanation:
Comprehensive and Detailed Explanation:AStarter Configurationin Oracle Fusion Cloud Applications provides a pre-built setup that organizations can use as a foundation for implementation. It includes:
* Sample Master and Transaction Data:Allows testing of configurations with predefined data models.
* Artificial Intelligence Capabilities:Enables AI-driven insights, recommendations, and automation within Oracle Cloud Applications.
* Configuration of Oracle Cloud Applications:Comes with pre-configured modules to facilitate rapid deployment.
References:Oracle Fusion Cloud HCM Implementation Guide - Starter Configurations and Embedded OMBPs.

NEW QUESTION # 19
How does AI Assist contribute to a more efficient and effective goal-setting process, ensuring goals are SMART (Specific, Measurable, Achievable, Relevant, Time-bound)?

A. It uses job and company data to recommend specific goals that align with strategic objectives.
B. It automates reminders for goal review meetings, prompting timely discussions on progress.
C. It provides a library with pre-defined goals, allowing employees to set relevant objectives.

Answer: A

Explanation:
Comprehensive and Detailed Explanation:AI Assistleverages data intelligence to enhance goal-setting processes in Oracle Fusion Cloud HCM by ensuring alignment with organizational strategies.
* Data-Driven Goal Setting:AI suggests goals tailored to job roles and company objectives.
* SMART Goal Framework:Ensures that objectives are structured for measurable success.
* Automated Alignment:Reduces manual efforts by providing recommended goals based onorganizational priorities.
References:Oracle Fusion Cloud HCM - Goal Setting and Performance Optimization Guide.

NEW QUESTION # 20
How does the Workforce Plan to Budget OMBP assist organizations in optimizing their resource allocation?

A. By creating a comprehensive workforce plan, identifying talent gaps, developing succession plans, and defining training needs.
B. By forecasting talent needs and associated costs, aligning them with the organization's financial goals, and translating talent requirements into a budget.
C. By analyzing market trends, competitor data, and industry benchmarks to inform talent acquisition and retention strategies.

Answer: B

Explanation:
Comprehensive and Detailed Explanation:TheWorkforce Plan to Budget OMBPallows organizations to align workforce planning with financial strategies to optimize resource allocation.
* Forecasting Talent Needs:Identifies short-term and long-term hiring requirements based on business growth projections.
* Cost Management:Helps organizations balance workforce expansion with budget constraints to avoid over-hiring or under-utilization of funds.
* Strategic Workforce Planning:Translates hiring requirements into a structured budget to ensure efficient allocation of financial resources.
References:Oracle Fusion Cloud HCM - Workforce Planning and Budgeting Guide.

NEW QUESTION # 21
Identify three essential components of Oracle Me that empower users to manage their tasks and information efficiently.

A. Goal Plans outlines individual or team objectives.
B. Help Desk allows employees to submit HR-related inquiries through multiple channels.
C. All-in-one Evaluations provides a comprehensive approach to employee assessments.
D. Journeys provides personalized, step-by-step guidance for employees using workflows.
E. Touchpoints provides managers with personalized team insights and continuous engagement opportunities.

Answer: B,D,E

Explanation:
Comprehensive and Detailed Explanation:Oracle Meis a comprehensive employee experience platform that enhances workforce engagement. Key components include:
* Help Desk:Enables employees to raise HR-related queries and get timely resolutions.
* Journeys:Provides guided workflows for employees to navigate tasks such as onboarding and career development.
* Touchpoints:Equips managers with data-driven insights to enhance employee engagement and productivity.
References:Oracle Fusion Cloud HCM - Oracle Me Employee Experience Guide.

NEW QUESTION # 22
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