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1Z0-1059-22 Online Practice Questions and Answers

Questions 4

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

A. your invoiced goods and services less those goods and services that you have notyet delivered

B. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered

C. Unearned Revenue

D. your debt to customers for goods and services you are obliged to deliver to them by either party acting

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Questions 5

Which method is used to allocate total transaction price across performanceobligations in Revenue Management?

A. Inverted Allocation Method

B. Residual Allocation Method

C. Relative Allocation Method

D. Two Step Allocation Method

E. Alternative Allocation Method

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Questions 6

Which setup Is required to enable integration between Order Management and Revenue Management?

A. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

B. Add Order Management in the Manage Trading Community Source Systems page.

C. Create custom program to extract sales order and fulfillment data from Order Management.

D. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

E. Define an Implied performance obligation template to create performance obligations associated to sales orders and returnmaterial authorizations.

F. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

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Questions 7

One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.

What is the name of this spreadsheet template?

A. Customer Contract Source Documents Import

B. Customer Sales Source Data Import

C. Customer Contract Source Data Import

D. Customer Sales Data Source Documents Import

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Questions 8

After defining a pricing dimension structure for a customer, you must define a pricing dimensionstructure instance. Which two attributes on the structure instance are inherited from the structure definition?

A. whether Dynamic Combination Creation Allowed is enabled

B. the shape: Same number of segments and order

C. the Displayed option

D. the valuesets

E. the Query Required option

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Questions 9

When is it required to populate the number of periods and percentage of revenue (seen in the image below)while defining a revenue scheduling rule?

A. when the Deferred Revenue box is checked

B. when it is a business requirement

C. when Context Values are populated

D. when the Type is Fixed or Variable

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Questions 10

A corporation wants to useanypotential 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. Table

B. Subset

C. Independent

D. Format Only

E. Dependent

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Questions 11

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

A. Performance Obligation Satisfied

B. Performance Obligation Billed

C. Initial Performance

D. Revenue Recognized

E. Standalone Selling Prices Allocated

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Questions 12

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

How many contracts will be created In Revenue Management?

A. 3

B. 1

C. 5

D. 0

E. 4

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Questions 13

When is it required to populate a value forPerformance Satisfaction PlanIn a Source Document Type?

A. when the Satisfaction Measurement Model is set to Amount

B. when the SatisfactionMeasurement Model is set to Period

C. when the Satisfaction Measurement Model is set to Quantity

D. when the Satisfaction Measurement Model Is set to Percentage

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Exam Code: 1Z0-1059-22
Exam Name: Oracle Revenue Management Cloud Service 2022 Implementation Professional
Last Update: May 12, 2024
Questions: 84 Q&As

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