NEW 1Z0-1059-24 TEST BOOK, 1Z0-1059-24 TEST ENGINE

New 1Z0-1059-24 Test Book, 1Z0-1059-24 Test Engine

New 1Z0-1059-24 Test Book, 1Z0-1059-24 Test Engine

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q56-Q61):

NEW QUESTION # 56
Which is a term under ASC 606 or IFRS 15?

  • A. requires complete
  • B. initial performance event
  • C. promise detail
  • D. transaction price

Answer: D


NEW QUESTION # 57
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: D


NEW QUESTION # 58
Why are Source Document Type Codes required when defining Source Document Types?

  • A. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
  • B. Because they provide uniqueness to the Source Document Types.
  • C. Because they are needed for integration with Product Management.
  • D. Because they are Revenue Management Descriptive Flexfields.

Answer: C


NEW QUESTION # 59
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

  • A. Provide currency conversion details in the Revenue Basis Data Import Template.
  • B. Enter exchange rate information in Standalone Selling Price Profile.
  • C. Enter Conversion Rate Type in System Options.
  • D. Select Conversion Rate Type in the Source Document Type setup.
  • E. Run the Revenue Management translation process.

Answer: C,E


NEW QUESTION # 60
At which level does Oracle Revenue management perform accounting?

  • A. Performance obligation level
  • B. Legal entity level
  • C. Contract level

Answer: A


NEW QUESTION # 61
......

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