Oracle Revenue Management Cloud Service 2026 Implementation Professional - 1Z0-1059-26 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Which statement Is True regarding the Customer Contract Source Data Import Template?

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

Discussion 0

Correct Answer: A Vote an answer

Question 2

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, All Periods B. Daily Revenue Rate, Partial Periods C. Variable Schedule D. Fixed Schedule E. Partial Schedule F. Daily Revenue Rate

Discussion 0

Correct Answer: D Vote an answer

Question 3

What does the creation of an allocation allow you to determine?

A. an allocation of the expected consideration over the performance obligations as if you had sold them separately B. the maximum amount of revenue you can recognize soonest, postponing the minimum until later C. the ability not to revise previously reported revenue for revision, corrections, and other changes D. the fair value of each performance obligation

Discussion 0

Correct Answer: D Vote an answer

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Question 4

Oracle Revenue Management is part of_____________________predefined offering.

A. Enterprise Contracts B. Incentive Compensation C. Fusion Accounting Hub D. Financials

Discussion 0

Correct Answer: D Vote an answer

Question 5

Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

A. when a value set segment label of Set Band is used B. when a pricing dimension structure Instance Is enabled for pricing bands C. when a pricing dimension structure is enabled for pricing bands D. when a source document type is enabled to use pricing bands

Discussion 0

Correct Answer: C Vote an answer

Question 6

Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

A. recognizes revenue if any satisfaction events exist B. allocates the SSP to various performance obligations C. allocates the SSP to various satisfaction events D. creates the accounting for the stages in the process E. creates customer contracts and performance obligations

Discussion 0

Correct Answer: D Vote an answer

Question 7

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

Discussion 0

Correct Answer: D Vote an answer

Question 8

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A. Initial Performance B. Performance Obligation Satisfied C. Performance Obligation Billed D. Revenue Recognized E. Standalone Selling Prices Allocated

Discussion 0

Correct Answer: A,B,D Vote an answer

Question 9

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

Discussion 0

Correct Answer: B Vote an answer