1Z0-1059-24 ONLINE BOOTCAMPS | EXAM 1Z0-1059-24 PRACTICE

1Z0-1059-24 Online Bootcamps | Exam 1Z0-1059-24 Practice

1Z0-1059-24 Online Bootcamps | Exam 1Z0-1059-24 Practice

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 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
  • 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.
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
  • 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.

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Exam Oracle 1Z0-1059-24 Practice | Test 1Z0-1059-24 Result

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q49-Q54):

NEW QUESTION # 49
Which three attributes are helpful in defining a Contract Identification Rule?

  • A. Bill To Customer
  • B. Quote Number
  • C. Delivery Address
  • D. Business Unit
  • E. Product Description
  • F. Ledger

Answer: B,C,E


NEW QUESTION # 50
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

  • A. Create a new primary ledger.
  • B. Using their existing primary ledger.
  • C. Create a reporting ledger.
  • D. Create a secondary ledger.

Answer: B


NEW QUESTION # 51
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: A


NEW QUESTION # 52
Which statement Is True regarding the Customer Contract Source Data Import Template?

  • A. It is a custom template that you are required to build.
  • B. It is a predefined Excel FBDI template.
  • C. It is a predefined Java FBDI template.
  • D. It Is a predefined HTML FBDI template.

Answer: B


NEW QUESTION # 53
What is a Standalone Selling Price (SSP)?

  • A. the list price
  • B. the price you would use if you sold to a customer separately
  • C. the sum of the SSPs of the components
  • D. the average of your bundled price

Answer: B


NEW QUESTION # 54
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