[Feb 07, 2025] Genuine 1Z0-1059-24 Exam Dumps New 2025 Oracle Pratice Exam
New 2025 Realistic 1Z0-1059-24 Dumps Test Engine Exam Questions in here
NEW QUESTION # 48
A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
- A. a pricing dimension structure instance
- B. pricing bands
- C. a pricing dimension structure
- D. the source document types
Answer: B
NEW QUESTION # 49
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?
- A. Daily Revenue Rate, Partial Periods
- B. Fixed Schedule
- C. Daily Revenue Rate, All Periods
- D. Partial Schedule
- E. Daily Revenue Rate
- F. Variable Schedule
Answer: B
NEW QUESTION # 50
Which three attributes are helpful in defining a Contract Identification Rule?
- A. Business Unit
- B. Product Description
- C. Delivery Address
- D. Bill To Customer
- E. Quote Number
- F. Ledger
Answer: B,C,E
NEW QUESTION # 51
What is a contract modification?
- A. an increase or decrease in expected collectability
- B. a change to the contract caused by negotiation with the customer
- C. a revision or correction to the estimate of variable consideration made at inception
- D. a change (modification) to the contract data
Answer: B
NEW QUESTION # 52
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?
- A. Identify Customer Contract Based on Source System
- B. Identify Customer Contract Based on Source Document
- C. Identify Customer Contract Based on Party
- D. Identify Customer Contract Based on Source Document Line
Answer: B
NEW QUESTION # 53
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?
- A. If nonexistent, these accounts are added automatically to the chart of accounts.
- B. These accounts are optional in Revenue Management.
- C. These accounts are not relevant to Revenue Management.
- D. If nonexistent, these accounts need to be added to the chart of accounts.
Answer: A
NEW QUESTION # 54
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
- A. 10 User Extensible Fields
- B. 60 User Extensible Fields
- C. 50 User Extensible Fields
- D. 90 User Extensible Fields
Answer: A
NEW QUESTION # 55
Which statement Is True regarding the Customer Contract Source Data Import Template?
- A. It is a predefined Java FBDI template.
- B. It Is a predefined HTML FBDI template.
- C. It is a custom template that you are required to build.
- D. It is a predefined Excel FBDI template.
Answer: D
NEW QUESTION # 56
Oracle Revenue Management is part of_____________________predefined offering.
- A. Financials
- B. Incentive Compensation
- C. Fusion Accounting Hub
- D. Enterprise Contracts
Answer: A
NEW QUESTION # 57
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. C, A, B
- B. B, C, A
- C. C, B, A
- D. B, A, C
- E. A, B, C
- F. A, C, B
Answer: D
NEW QUESTION # 58
If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?
- A. Delete the source data that was imported into Revenue Management and import new source data.
- B. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
- C. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
- D. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
- E. Delete Contracts from the Manage Customer Contracts Ul.
Answer: D
NEW QUESTION # 59
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......
What is the difference between Selling Amount and Allocated Amount?
- A. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
- B. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
- C. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
- D. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
Answer: C
NEW QUESTION # 60
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Liability
- B. Contract Discount
- C. Contract Asset
- D. Contract Unearned Revenue
Answer: D
NEW QUESTION # 61
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
- A. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue
- B. You can define date filters in order to consider only relevant data needed to comply with the
- C. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
- D. Revenue Management can only integrate to Fusion Receivables.
Answer: B,D
NEW QUESTION # 62
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. Sub contract level details.
- C. Performance obligation satisfaction event details.
- D. Sales order header level data.
Answer: C
NEW QUESTION # 63
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
- A. Contract Revenue
- B. Contract Liability
- C. Contract Price Variance
- D. Contract Expense
- E. Contract Asset
- F. Contract Clearing
Answer: D
NEW QUESTION # 64
What does the creation of an allocation allow you to determine?
- A. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- B. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- C. the fair value of each performance obligation
- D. the ability not to revise previously reported revenue for revision, corrections, and other changes
Answer: C
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm
NEW QUESTION # 65
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
- A. It tracks the difference in a Write-off Allocation Account at the contract level.
- B. It tracks the difference In a Discount Allocation Account at the contract level.
- C. It tracks the difference in a Discount Allocation Account at the contract line level.
- D. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
Answer: C
NEW QUESTION # 66
Why are Source Document Type Codes required when defining Source Document Types?
- A. Because they provide uniqueness to the Source Document Types.
- B. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
- C. Because they are needed for integration with Product Management.
- D. Because they are Revenue Management Descriptive Flexfields.
Answer: C
NEW QUESTION # 67
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?
- A. The Displayed option
- B. Wether Dynamic Combination Creation Allowed is enabled
- C. The value sets
- D. The shape: Same nunmber of segments and order
- E. The Query Required option
Answer: C,D
NEW QUESTION # 68
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
- A. Suppliers
- B. Banks, branches and bank accounts
- C. Business Units
- D. Receivables configurations
- E. Inventory items
- F. Customers
Answer: C,E,F
NEW QUESTION # 69
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. four tabs that store data for the
- C. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
- D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
Answer: C
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 # 70
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. Flat File
- B. PowerPoint
- C. HTML
- D. PDF
Answer: A
NEW QUESTION # 71
......
Grab latest Amazon 1Z0-1059-24 Dumps as PDF Updated: https://lead2pass.testvalid.com/1Z0-1059-24-valid-exam-test.html