Expert Answers to Oracle Exam 1z0-1059-24 Questions

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Revenue Management Cloud Oracle Revenue Management Cloud Service 2024Implementation Essentials

Oracle Revenue Management Cloud Service 2024Implementation Essentials

Last Update Apr 25, 2025
Total Questions : 83

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Questions 2

Which is a term under ASC 606 or IFRS 15?

Options:

transaction price

promise detail

initial performance event

requires complete

Discussion 0

Questions 3

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.

What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

Options:

Create source document types specifically for Euro documents.

Populate exchange rates in Revenue Price Profile.

Populate Conversion Rate Type in System Options.

Create revenue prices in the Euro currency.

Discussion 0

Questions 4

Oracle Revenue Management is part of_____________________predefined offering.

Options:

Enterprise Contracts

Fusion Accounting Hub

Incentive Compensation

Financials

Discussion 0

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Questions 5

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

Options:

General Ledger account derivation based on predefined events

centralized accounting solution

General Ledger journal creation

multiple accounting representations

revaluation of assets and liabilities

stand-alone selling price derivation

Discussion 0

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