ACE EXAM ON YOUR FIRST ATTEMPT WITH ACTUAL ORACLE 1Z0-1059-24 QUESTIONS

Ace exam on your first attempt with actual Oracle 1Z0-1059-24 questions

Ace exam on your first attempt with actual Oracle 1Z0-1059-24 questions

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q78-Q83):

NEW QUESTION # 78
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

  • A. These accounts are not relevant to Revenue Management.
  • B. If nonexistent, these accounts need to be added to the chart of accounts.
  • C. These accounts are optional in Revenue Management.
  • D. If nonexistent, these accounts are added automatically to the chart of accounts.

Answer: D


NEW QUESTION # 79
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

  • A. Oracle Receivables
  • B. Oracle Subledger Accounting
  • C. Oracle Revenue Management Cloud
  • D. Oracle General Ledger

Answer: B,C


NEW QUESTION # 80
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?

  • A. by setting SM to "Allow Partial" and SMM to "Quantity"
  • B. by setting SM to "Requires Complete" and SMM to "Percent"
  • C. by setting SM to "Allow Partial" and SMM to "Period"
  • D. by setting SM to "Requires Complete" and SMM to "Period"
  • E. by setting SM to "Requires Complete" and SMM to "Quantity"

Answer: D


NEW QUESTION # 81
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?

  • A. Source Document Type
  • B. Default Classification
  • C. Freeze Period
  • D. Priority

Answer: D


NEW QUESTION # 82
65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

  • A. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
  • B. By defining an item group and assigning that to the rule
  • C. By defining an exclusion rule to exclude customer classes that are "Retail"
  • D. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
  • E. By defining a grouping rule on the customer class

Answer: A


NEW QUESTION # 83
......

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