CERTIFICATION 1Z0-1059-24 QUESTIONS | EFFICIENT ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL 100% FREE VALID TEST SIMS

Certification 1Z0-1059-24 Questions | Efficient Oracle Revenue Management Cloud Service 2024 Implementation Professional 100% Free Valid Test Sims

Certification 1Z0-1059-24 Questions | Efficient Oracle Revenue Management Cloud Service 2024 Implementation Professional 100% Free Valid Test Sims

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It helps you to pass the Oracle 1Z0-1059-24 test with excellent results. Oracle 1Z0-1059-24 imitates the actual 1Z0-1059-24 exam environment. You can take the 1Z0-1059-24 practice exam many times to evaluate and enhance your Oracle 1Z0-1059-24 Exam Preparation level. Desktop 1Z0-1059-24 practice test software is compatible with windows and the web-based software will work on these operating systems: Android, IOS, Windows, and Linux.

It is well known that certificates are not versatile, but without a Oracle 1Z0-1059-24 certification you are a little inferior to the same competitors in many ways. Compared with the people who have the same experience, you will have the different result and treatment if you have a Oracle Revenue Management Cloud Service 2024 Implementation Professional 1Z0-1059-24 Certification.

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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 3
  • 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 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
  • 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.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q77-Q82):

NEW QUESTION # 77
What is a Standalone Selling Price (SSP)?

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

Answer: D


NEW QUESTION # 78
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

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

Answer: B,C


NEW QUESTION # 79
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

  • A. when a pricing dimension structure is enabled for pricing bands
  • B. when a value set segment label of Set Band is used
  • C. when a pricing dimension structure Instance Is enabled for pricing bands
  • D. when a source document type is enabled to use pricing bands

Answer: A


NEW QUESTION # 80
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

  • A. your debt to customers for goods and services you are obliged to deliver to them by either party acting
  • B. your invoiced goods and services less those goods and services that you have not yet delivered
  • 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: A


NEW QUESTION # 81
Which method is used to allocate total transaction price across performance obligations in Revenue Management?

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

Answer: E


NEW QUESTION # 82
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