100% PASS ORACLE - LATEST NEW 1Z0-1059-24 TEST FEE

100% Pass Oracle - Latest New 1Z0-1059-24 Test Fee

100% Pass Oracle - Latest New 1Z0-1059-24 Test Fee

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q79-Q84):

NEW QUESTION # 79
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?

  • A. Sales order line level data.
  • B. Performance obligation satisfaction event details.
  • C. Sales order header level data.
  • D. Sub contract level details.

Answer: B


NEW QUESTION # 80
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

  • A. Preserve contract
  • B. Void contract
  • C. Reverse line
  • D. Reject contract
  • E. Reject line

Answer: D,E

Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm


NEW QUESTION # 81
When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)

  • A. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
  • B. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
  • C. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
  • D. Time-based contingencies must not expire before the contingency can be removed and revenue recognized
  • E. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

Answer: C,E


NEW QUESTION # 82
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 should you configure Revenue management to ensure that these items are grouped into one performance obligation?

  • A. By defining a Revenue Item Group
  • B. By defining a Standalone Selling Price Profile.
  • C. By defining a Contact Identification Rule.
  • D. By defining a Performance Obligation Template.

Answer: A


NEW QUESTION # 83
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

  • A. Contract Asset
  • B. Contract Clearing
  • C. Contract Price Variance
  • D. Contract Expense
  • E. Contract Revenue
  • F. Contract Liability

Answer: D


NEW QUESTION # 84
......

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