ARE YOU READY TO PROVE YOUR TECHNICAL KNOWLEDGE AND EXPERTISE WITH THE ORACLE 1Z0-1059-24 CERTIFICATION EXAM?

Are you ready to prove your technical knowledge and expertise with the Oracle 1Z0-1059-24 certification exam?

Are you ready to prove your technical knowledge and expertise with the Oracle 1Z0-1059-24 certification exam?

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q75-Q80):

NEW QUESTION # 75
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

  • A. 60 User Extensible Fields
  • B. 90 User Extensible Fields
  • C. 10 User Extensible Fields
  • D. 50 User Extensible Fields

Answer: C


NEW QUESTION # 76
What does the creation of an allocation allow you to determine?

  • A. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
  • B. an allocation of the expected consideration over the performance obligations as if you had sold them separately
  • C. the ability not to revise previously reported revenue for revision, corrections, and other changes
  • D. the fair value of each performance obligation

Answer: D

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm


NEW QUESTION # 77
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

  • A. Performance Obligation Template
  • B. Tolerance ranges
  • C. Item Identifier
  • D. Reason
  • E. SSP Type
  • F. Pricing Dimension

Answer: B,E,F


NEW QUESTION # 78
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?

  • A. Observed Standalone Selling Prices
  • B. Pricing Dimension Assignment
  • C. Estimated Standalone Selling Prices
  • D. Items
  • E. SSP Tolerance Usage

Answer: A,B,C


NEW QUESTION # 79
Which is NOT a predefined Accounting Class for Revenue Management?

  • A. Contract Discount
  • B. Contract Asset
  • C. Contract Unearned Revenue
  • D. Contract Liability

Answer: C


NEW QUESTION # 80
......

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