[Jan-2022] Use Real 1Z0-1059-21 Dumps Free Sample Questions and Practice Test Engine [Q39-Q59]

Share

[Jan-2022] Use Real 1Z0-1059-21 Dumps Free Sample Questions and Practice Test Engine

Pass Oracle 1Z0-1059-21 exam - questions - convert Tets Engine to PDF


Oracle 1Z0-1059-21 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure and Manage Standalone Selling Prices
  • Revenue Management Overview
Topic 2
  • Describe The Revenue Management User Interface
  • Revenue Management Setups
Topic 3
  • Explain Contracts, Performance Obligations and Contract Maintenance
  • Explain how to create OTBI reporting objects
Topic 4
  • Describe Revenue Management Integration Requirements
  • Analyze Accounting in Revenue Management
Topic 5
  • Revenue Management Reporting
  • Revenue Contracts
  • Load Data Using FBDI Templates
Topic 6
  • Standalone Selling Price and Related Configurations
  • Configure The Revenue Management Application
Topic 7
  • Process Customer Contract Source Documents
  • Use Delivered Reports
Topic 8
  • Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)

 

NEW QUESTION 39
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. Inventory items
  • B. Suppliers
  • C. Receivables configurations
  • D. Business Units
  • E. Banks, branches and bank accounts
  • F. Customers

Answer: A,D,F

 

NEW QUESTION 40
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 Query Required option
  • D. The shape: Same nunmber of segments and order
  • E. The value sets

Answer: D,E

 

NEW QUESTION 41
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

  • A. when Context Values are populated
  • B. when the Deferred Revenue box is checked
  • C. when it is a business requirement
  • D. when the Type is Fixed or Variable

Answer: D

 

NEW QUESTION 42
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 Conversion Rate Type in System Options.
  • C. Enter exchange rate information in Standalone Selling Price Profile.
  • D. Select Conversion Rate Type in the Source Document Type setup.
  • E. Run the Revenue Management translation process.

Answer: B,E

 

NEW QUESTION 43
A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?

  • A. Table
  • B. Dependent
  • C. Format Only
  • D. Independent
  • E. Subset

Answer: C

 

NEW QUESTION 44
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: C

 

NEW QUESTION 45
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

  • A. when an invoice is issued on 20-Sep-2017
  • B. when the consultant is deployed to assist customer on 10-Sep-2017
  • C. when the sales order Is booked on 14-Sep-2017
  • D. when the product is shipped on 15-Sep-2017

Answer: B

 

NEW QUESTION 46
Which is NOT a Price Band Type?

  • A. Quantity Band
  • B. Amount Band
  • C. Percentage Band
  • D. Set Band

Answer: C

 

NEW QUESTION 47
Which setup component Is NOT connected to a Revenue Price Profile?

  • A. Contract Identification Rules
  • B. Source Document Types
  • C. Items
  • D. Pricing Dimension Segments

Answer: B

 

NEW QUESTION 48
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

  • A. revaluation of assets and liabilities
  • B. General Ledger journal creation
  • C. multiple accounting representations
  • D. General Ledger account derivation based on predefined events
  • E. stand-alone selling price derivation
  • F. centralized accounting solution

Answer: A,B,C

 

NEW QUESTION 49
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

  • A. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
  • B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
  • C. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
  • D. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.

Answer: B

 

NEW QUESTION 50
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

  • A. Dashboards
  • B. Infotile
  • C. Infolets
  • D. Analysis

Answer: A,D

 

NEW QUESTION 51
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 52
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.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

  • A. Populate Conversion Rate Type in System Options.
  • B. Create source document types specifically for Euro documents.
  • C. Create revenue prices in the Euro currency.
  • D. Populate exchange rates in Revenue Price Profile.

Answer: A

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348

 

NEW QUESTION 53
Which configuration component is Source Document Type NOT connected to?

  • A. Contract Identification Rules
  • B. Performance Obligation Template
  • C. Performance Obligation Identification Rules
  • D. Revenue Management System Options
  • E. Revenue Price Profile

Answer: E

 

NEW QUESTION 54
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

  • A. Pricing Dimension Assignment
  • B. Items
  • C. Estimated Standalone Selling Prices
  • D. Observed Standalone Selling Prices
  • E. SSP Tolerance Usage

Answer: A,C,D

 

NEW QUESTION 55
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

  • A. Quantity Band
  • B. Deal Size Band
  • C. Amount Band
  • D. Set Band

Answer: C

 

NEW QUESTION 56
Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

  • A. Apply appropriate patches to EBS.
  • B. Run the Deploy System Options process.
  • C. Set the System Options in EBS Receivables on the Revenue Management tab.
  • D. Map the EBS Chart of Accounts to the Cloud General Ledger.
  • E. Set the Profile Option AR: Source System Value for Revenue Management.

Answer: B,D

 

NEW QUESTION 57
What is a Performance Obligation?

  • A. a promise to a customer on which either party has acted
  • B. a promise to a customer
  • C. a combination of customer type and product code
  • D. a product code or SKU

Answer: B

 

NEW QUESTION 58
Which is the following is NOT a feature of personalization

  • A. Saving searches
  • B. Selecting default language
  • C. Configuring table columns
  • D. Changing text font

Answer: D

 

NEW QUESTION 59
......

Pass Your 1Z0-1059-21 Exam Easily - Real 1Z0-1059-21 Practice Dump Updated Jan 05, 2022: https://www.lead2passexam.com/Oracle/valid-1Z0-1059-21-exam-dumps.html