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1Z0-1059-24 Exam Success - 1Z0-1059-24 Latest Questions

The 1Z0-1059-24 dumps of RealExamFree include valid Oracle Revenue Management Cloud Service 2024 Implementation Professional (1Z0-1059-24) questions PDF and customizable 1Z0-1059-24 practice tests. Our 24/7 customer support provides assistance to help 1Z0-1059-24 Dumps users solve their technical hitches during their test preparation. The 1Z0-1059-24 exam questions of RealExamFree come with up to 365 days of free updates and a free demo.

Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic
Details

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

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 3

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 4

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 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.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q13-Q18):

NEW QUESTION # 13
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

A. By defining a Revenue Item Group
B. By defining a Performance Obligation Template.
C. By defining a Standalone Selling Price Profile.
D. By defining a Contact Identification Rule.

Answer: A

NEW QUESTION # 14
Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a custom template that you are required to build.
B. It Is a predefined HTML FBDI template.
C. It is a predefined Excel FBDI template.
D. It is a predefined Java FBDI template.

Answer: C

NEW QUESTION # 15
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 Expense
C. Contract Liability
D. Contract Asset
E. Contract Clearing
F. Contract Price Variance

Answer: B

NEW QUESTION # 16
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. Set Band
C. Deal Size Band
D. Amount Band

Answer: D

NEW QUESTION # 17
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

A. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
B. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
C. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
D. Run the Calculate Observed Standalone Selling Prices program to derive prices.
E. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
F. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.

Answer: B,D

NEW QUESTION # 18
......

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