Exit demo 1Z0-1059-22 Oracle Revenue Management Cloud Service 2022 Implementation Professional PDF format · free preview

Oracle 1Z0-1059-22 - Questions & Answers

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Question 1
Multiple choice

A corporation does not have historical Standalone Selling Prices stored in Revenue Management.

Which two options are available to help the corporation establish Standalone Selling Prices?

A.

Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.

B.

Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.

C.

Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheettemplate to
enter estimated prices manually.

D.

Run the Calculate Observed Standalone Selling Prices program to derive prices.

E.

Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.

F.

Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.

Question 2
Single choice

What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy underASC 606 and IFRS 15?

A.

Create a reporting ledger.

B.

Create a new primary ledger.

C.

Create a secondary ledger.

D.

Using their existing primary ledger.

Question 3
Multiple choice

Which two are intended uses for the Standalone Selling Price ReportDashboard?

A.

Review performance obligations by effective period.

B.

Diagnose revenue price profile.

C.

Drill down to data used to derive standalone selling prices.

D.

Monitor transaction price calculation and allocation.

E.

Analyze standalone selling prices for one or multiple effective periods.

Question 4
Single choice

Given the Identify Customer Contracts Job set performs many different processes, which action IsNOTperformed by this job set?

A.

allocates the SSP to various satisfaction events

B.

creates the accounting for the stages in the process

C.

allocates the SSP to various performance obligations

D.

recognizes revenue if any satisfaction events exist

E.

creates customer contracts and performance obligations

Question 5
Single choice

Why Is Satisfaction Method a key element of a Performance Obligation?

A.

because it determines whether revenue for a good or service is recognized Over Timeor Point in Time

B.

because it calculates the amount of Total Transaction Price allocated to date

C.

because it calculates the percentage of Total Transaction Price allocated to date

D.

because it specifies whether revenue has been fully or partially recognized for a good or service

Question 6
Single choice

Which statement Is True regardingthe Customer Contract Source Data Import Template?

A.

It is a predefined Excel FBDI template.

B.

It is a predefined Java FBDI template.

C.

It Is a predefined HTML FBDI template.

D.

It is a custom template that you are required to build.

Question 7
Single choice

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.

What would cause a contract to be In the Pending Reviewtab?

A.

The total Transaction Price is over the user-defined threshold amount.

B.

The contract is missing standalone selling prices at the promised detail level or at obligation level.

C.

The contract is missing satisfaction events.

D.

The contract ismissing Billing data.

Question 8
Single choice

Which isNOTa required piece of information when importing contract header Information from a source file?

A.

Date of Source Document

B.

Source Document Type code

C.

Record Type

D.

Source System

E.

Currency code of source document

F.

Source Document Unique Identifier Number 1

Question 9
Single choice

The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.

Which output option can you now also choose to assist In handling a large number of records?

A.

HTML

B.

PowerPoint

C.

Flat File

D.

PDF

Question 10
Single choice

Which configuration component is Source Document TypeNOTconnected to?

A.

Revenue Management System Options

B.

Performance Obligation Template

C.

Contract Identification Rules

D.

Revenue Price Profile

E.

Performance Obligation Identification Rules

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