STUDY ORACLE 1Z0-1059-24 CENTER - ONLINE 1Z0-1059-24 TESTS

Study Oracle 1Z0-1059-24 Center - Online 1Z0-1059-24 Tests

Study Oracle 1Z0-1059-24 Center - Online 1Z0-1059-24 Tests

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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 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 certification 1Z0-1059-24 exam can give you a lot of change. Such as work, life would have greatly improve. Because, after all, 1Z0-1059-24 is a very important certified exam of Oracle. But 1Z0-1059-24 exam is not so simple.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q72-Q77):

NEW QUESTION # 72
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?

  • A. Run the Calculate Observed Standalone Selling Prices program.
  • B. Run Create Accounting.
  • C. Review the calculated OSSP.
  • D. Close the previous period.
  • E. Categorize standalone sales by performance obligation.
  • F. Approve the OSSP by establishing it.

Answer: A,E


NEW QUESTION # 73
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

  • A. HTML
  • B. PDF
  • C. PowerPoint
  • D. Flat File

Answer: D


NEW QUESTION # 74
You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?

  • A. 0
  • B. 1
  • C. 2
  • D. 3
  • E. 4

Answer: D


NEW QUESTION # 75
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?

  • A. Sales order line level data.
  • B. Performance obligation satisfaction event details.
  • C. Sub contract level details.
  • D. Sales order header level data.

Answer: B


NEW QUESTION # 76
What is a contract modification?

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

Answer: C


NEW QUESTION # 77
......

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