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Oracle 1z0-1059-22 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
Topic 2
  • Explain Contracts, Performance Obligations and Contract Maintenance
  • Revenue Management Overview
Topic 3
  • Standalone Selling Price and Related Configurations
  • Analyze Accounting in Revenue Management
Topic 4
  • Describe Revenue Management Integration Requirements
  • Explain how to create OTBI reporting objects
Topic 5
  • Configure The Revenue Management Application
  • Process Customer Contract Source Documents

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Free PDF 2023 1z0-1059-22: Oracle Revenue Management Cloud Service 2022 Implementation Professional –Trustable Latest Test Question

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Oracle Revenue Management Cloud Service 2022 Implementation Professional Sample Questions (Q31-Q36):

NEW QUESTION # 31
What is a contract modification?

  • A. a revision or correction to the estimate of variable consideration made at inception
  • B. a change to the contract caused by negotiation with the customer
  • C. an increase or decrease in expected collectability
  • D. a change (modification) to the contract data

Answer: B


NEW QUESTION # 32
Which setup Is required to enable integration between Order Management and Revenue Management?

  • A. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
  • B. Create custom program to extract sales order and fulfillment data from Order Management.
  • C. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
  • D. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
  • E. Add Order Management in the Manage Trading Community Source Systems page.
  • F. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

Answer: D


NEW QUESTION # 33
Which three statements about Effective Periods are true?

  • A. Gaps between periods are not allowed.
  • B. Effective Periods are used for standalone selling prices and for creating journal entries.
  • C. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
  • D. You cannot have overlapping periods.
  • E. Effective Periods only define the rage where standalone selling prices of an item should be effective.

Answer: A,D,E


NEW QUESTION # 34
Which is NOT a Price Band Type?

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

Answer: B


NEW QUESTION # 35
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. Estimated Standalone Selling Prices
  • B. Pricing Dimension Assignment
  • C. Items
  • D. Observed Standalone Selling Prices
  • E. SSP Tolerance Usage

Answer: A,B,D


NEW QUESTION # 36
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