1Z0-1059-24 CERTIFICATION EXAM INFOR | EFFICIENT ORACLE 1Z0-1059-24 RELATED EXAMS: ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL

1Z0-1059-24 Certification Exam Infor | Efficient Oracle 1Z0-1059-24 Related Exams: Oracle Revenue Management Cloud Service 2024 Implementation Professional

1Z0-1059-24 Certification Exam Infor | Efficient Oracle 1Z0-1059-24 Related Exams: Oracle Revenue Management Cloud Service 2024 Implementation Professional

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q81-Q86):

NEW QUESTION # 81
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

  • A. Contract Clearing
  • B. Contract Liability
  • C. Contract Asset
  • D. Contract Price Variance
  • E. Contract Revenue
  • F. Contract Expense

Answer: F


NEW QUESTION # 82
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

  • A. by identifying and creating one or more performance obligations for a given accounting contract
  • B. by restricting users from excluding contract lines
  • C. by only creating contracts that are source system specific
  • D. by calculating Total Transaction Price for contracts
  • E. by grouping source document lines intro contracts for each identified customer
  • F. by allowing manual allocation of Total Transaction Price across performance obligations

Answer: C,E,F


NEW QUESTION # 83
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. Independent
  • B. Subset
  • C. Table
  • D. Format Only
  • E. Dependent

Answer: D


NEW QUESTION # 84
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

  • A. allow complete
  • B. require complete
  • C. require partial
  • D. allow partial

Answer: B,D

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853


NEW QUESTION # 85
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. Infolets
  • C. Analysis
  • D. Infotile

Answer: A,C


NEW QUESTION # 86
......

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