Special Summer Sale - 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: dm70dm

1z0-1059-24 Oracle Revenue Management Cloud Service 2024Implementation Essentials Questions and Answers

Questions 4

Which three tasks are associated with defining a Pricing Dimension Structure?

Options:

A.

Define up to 30 segments and name them.

B.

Define up to 20 segments and name them.

C.

Analyze pricing policies across products and services.

D.

Create multiple instances for a given Pricing Dimension Structure.

E.

Include user friendly prompts for each segment.

F.

Assign required segment labels to each segment.

Buy Now
Questions 5

Given the Identify Customer Contracts Job set performs many different processes, which action IsNOTperformed by this job set?

Options:

A.

allocates the SSP to various satisfaction events

B.

creates the accounting for the stages in the process

C.

allocates the SSP to various performance obligations

D.

recognizes revenue if any satisfaction events exist

E.

creates customer contracts and performance obligations

Buy Now
Questions 6

Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

Options:

A.

General Ledger account derivation based on predefined events

B.

centralized accounting solution

C.

General Ledger journal creation

D.

multiple accounting representations

E.

revaluation of assets and liabilities

F.

stand-alone selling price derivation

Buy Now
Questions 7

What does a Variable Consideration require?

Options:

A.

an estimate of the consideration be made at inception only

B.

that the consideration be monetary

C.

an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

D.

a disclosure be made to the shareholders

Buy Now
Questions 8

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.

Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

Options:

A.

Select Conversion Rate Type in the Source Document Type setup.

B.

Run the Revenue Management translation process.

C.

Enter Conversion Rate Type in System Options.

D.

Provide currency conversion details in the Revenue Basis Data Import Template.

E.

Enter exchange rate information in Standalone Selling Price Profile.

Buy Now
Questions 9

In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

Options:

A.

It tracks the difference in a Discount Allocation Account at the contract line level.

B.

It tracks the difference in a Write-off Allocation Account at the contract level.

C.

It tracks the difference In a Discount Allocation Account at the contract level.

D.

It Tracks the difference in a Write-Off Allocation Account at the contract line level.

Buy Now
Questions 10

Which, when transferred to a customer, allows you to recognize revenue?

Options:

A.

a shipment

B.

a performance obligation

C.

an invoice

D.

promise detail

Buy Now
Questions 11

Which isNOTa required piece of information when importing contract header Information from a source file?

Options:

A.

Date of Source Document

B.

Source Document Type code

C.

Record Type

D.

Source System

E.

Currency code of source document

F.

Source Document Unique Identifier Number 1

Buy Now
Questions 12

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which IsNOTa predefined Accounting Class?

Options:

A.

Contract Asset

B.

Contract Price Variance

C.

Contract Liability

D.

Contract Revenue

E.

Contract Expense

F.

Contract Clearing

Buy Now
Questions 13

You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.

Which attribute needs to be updated to achieve this objective?

Options:

A.

Freeze Period

B.

Default Classification

C.

Source Document Type

D.

Priority

Buy Now
Questions 14

Which is NOT a predefined Accounting Class for Revenue Management?

Options:

A.

Contract Discount

B.

Contract Liability

C.

Contract Unearned Revenue

D.

Contract Asset

Buy Now
Questions 15

Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would

you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

Options:

A.

by setting SM to "Allow Partial" and SMM to "Quantity"

B.

by setting SM to "Requires Complete" and SMM to "Period"

C.

by setting SM to "Requires Complete" and SMM to "Quantity"

D.

by setting SM to "Requires Complete" and SMM to "Percent"

E.

by setting SM to "Allow Partial" and SMM to "Period"

Buy Now
Questions 16

After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.

Which predefined Contract Identification Rule can be used in this case?

Options:

A.

Identify Customer Contract Based on Party

B.

Identify Customer Contract Based on Source Document Line

C.

Identify Customer Contract Based on Source Document

D.

Identify Customer Contract Based on Source System

Buy Now
Questions 17

Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

Options:

A.

when a pricing dimension structure is enabled for pricing bands

B.

when a source document type is enabled to use pricing bands

C.

when a pricing dimension structure Instance Is enabled for pricing bands

D.

when a value set segment label of Set Band is used

Buy Now
Questions 18

Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

Options:

A.

These accounts are optional in Revenue Management.

B.

If nonexistent, these accounts need to be added to the chart of accounts.

C.

If nonexistent, these accounts are added automatically to the chart of accounts.

D.

These accounts are not relevant to Revenue Management.

Buy Now
Questions 19

Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.

Which three setup attributes are part of a Standalone Selling Price Profile?

Options:

A.

Observed Standalone Selling Prices

B.

Estimated Standalone Selling Prices

C.

Pricing Dimension Assignment

D.

SSP Tolerance Usage

E.

Items

Buy Now
Questions 20

How can you access an implementation task in Functional Setup Manager. (choose 3)

Options:

A.

By navigating from the Implementation Project

B.

By navigation to an offering's functional area

C.

By navigating from the Welcome Springboard

D.

By searching

Buy Now
Questions 21

Which configuration component is Source Document TypeNOTconnected to?

Options:

A.

Revenue Management System Options

B.

Performance Obligation Template

C.

Contract Identification Rules

D.

Revenue Price Profile

E.

Performance Obligation Identification Rules

Buy Now
Questions 22

Which is Not a required piece of information when importing contract header information from a source file?

Options:

A.

Source System

B.

Source Document Type code

C.

Record Type

D.

Currency code of source document

E.

Source Document Unique Identifier Number 1

F.

Date of source Document

Buy Now
Questions 23

Given your organization's Interactions with one of Its customers:

    A consultant is deployed to assist customer on 10-Sep-2017.

    A Sales order is booked on 14-Sep-2017.

    The Product is shipped on 15-Sep-2017.

    An Invoice is issued on 20-Sep-2017.

When do you accrue the contract liability?

Options:

A.

when the consultant is deployed to assist customer on 10-Sep-2017

B.

when the product is shipped on 15-Sep-2017

C.

when the sales order Is booked on 14-Sep-2017

D.

when an invoice is issued on 20-Sep-2017

Buy Now
Questions 24

One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.

What is the name of this spreadsheet template?

Options:

A.

Customer Contract Source Documents Import

B.

Customer Sales Source Data Import

C.

Customer Contract Source Data Import

D.

Customer Sales Data Source Documents Import

Buy Now
Exam Code: 1z0-1059-24
Exam Name: Oracle Revenue Management Cloud Service 2024Implementation Essentials
Last Update: Mar 28, 2025
Questions: 83

PDF + Testing Engine

$49.5  $164.99

Testing Engine

$37.5  $124.99
buy now 1z0-1059-24 testing engine

PDF (Q&A)

$31.5  $104.99
buy now 1z0-1059-24 pdf
dumpsmate guaranteed to pass
24/7 Customer Support

DumpsMate's team of experts is always available to respond your queries on exam preparation. Get professional answers on any topic of the certification syllabus. Our experts will thoroughly satisfy you.

Site Secure

mcafee secure

TESTED 02 Apr 2025