1Z0-1059-24 DUMPS VCE & 1Z0-1059-24 TEST COLLECTION PDF

1Z0-1059-24 Dumps Vce & 1Z0-1059-24 Test Collection Pdf

1Z0-1059-24 Dumps Vce & 1Z0-1059-24 Test Collection Pdf

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Tags: 1Z0-1059-24 Dumps Vce, 1Z0-1059-24 Test Collection Pdf, 1Z0-1059-24 Reliable Practice Materials, Minimum 1Z0-1059-24 Pass Score, 1Z0-1059-24 Test Valid

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
Topic 2
  • Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
Topic 3
  • Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.
Topic 4
  • Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
Topic 5
  • Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q18-Q23):

NEW QUESTION # 18
Which method is used to allocate total transaction price across performance obligations in Revenue Management?

  • A. Residual Allocation Method
  • B. Two Step Allocation Method
  • C. Inverted Allocation Method
  • D. Alternative Allocation Method
  • E. Relative Allocation Method

Answer: B


NEW QUESTION # 19
How many tabs does the Customer Contract Source Data Import Template have?

  • A. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
  • B. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
  • C. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
  • D. four tabs that store data for the

Answer: B

Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details


NEW QUESTION # 20
What is a Performance Obligation?

  • A. a product code or SKU
  • B. a combination of customer type and product code
  • C. a promise to a customer
  • D. a promise to a customer on which either party has acted

Answer: C

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP2456627


NEW QUESTION # 21
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

  • A. Deal Size Band
  • B. Quantity Band
  • C. Set Band
  • D. Amount Band

Answer: D


NEW QUESTION # 22
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

  • A. your invoiced goods and services less those goods and services that you have not yet delivered
  • B. your debt to customers for goods and services you are obliged to deliver to them by either party acting
  • C. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
  • D. Unearned Revenue

Answer: B


NEW QUESTION # 23
......

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