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Oracle Updated 1z0-1059-24 Exam Questions and Answers by elin

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Oracle 1z0-1059-24 Exam Overview :

Exam Name: Oracle Revenue Management Cloud Service 2024Implementation Essentials
Exam Code: 1z0-1059-24 Dumps
Vendor: Oracle Certification: Revenue Management Cloud
Questions: 83 Q&A's Shared By: elin
Question 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

Discussion
Question 13

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

Discussion
Question 14

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

Discussion
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Question 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"

Discussion
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