2021 Realistic 1Z0-1059-20 Dumps Latest Oracle Practice Tests Dumps
1Z0-1059-20 Dumps PDF - 1Z0-1059-20 Real Exam Questions Answers
NEW QUESTION 10
Which is a term under ASC 606 or IFRS 15?
- A. requires complete
- B. initial performance event
- C. transaction price
- D. promise detail
Answer: C
NEW QUESTION 11
Which three tasks can be performed In the Revenue Management Work Area?
- A. Review Observed Standalone Selling Prices.
- B. Review Performance Satisfaction Plans.
- C. Manage contracts in "Pending Allocation" status.
- D. Edit Contract Identification Rules.
- E. Manage contracts in "Pending Review" status.
- F. Review Revenue Price Profiles.
Answer: A,C,E
NEW QUESTION 12
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
- A. 90 User Extensible Fields
- B. 60 User Extensible Fields
- C. 10 User Extensible Fields
- D. 50 User Extensible Fields
Answer: C
NEW QUESTION 13
Which is Not a required piece of information when importing contract header information from a source file?
- A. Source Document Type code
- B. Currency code of source document
- C. Record Type
- D. Source Document Unique Identifier Number 1
- E. Source System
- F. Date of source Document
Answer: D
NEW QUESTION 14 
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. A, B, C
- B. C, B, A
- C. A, C, B
- D. B, A, C
- E. C, A, B
- F. B, C, A
Answer: D
NEW QUESTION 15
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
- A. It tracks the difference In a Discount Allocation Account at the contract level.
- B. It tracks the difference in a Discount Allocation Account at the contract line level.
- C. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
- D. It tracks the difference in a Write-off Allocation Account at the contract level.
Answer: B
NEW QUESTION 16
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Define up to 30 segments and name them.
- B. Define up to 20 segments and name them.
- C. Assign required segment labels to each segment.
- D. Include user friendly prompts for each segment.
- E. Create multiple instances for a given Pricing Dimension Structure.
- F. Analyze pricing policies across products and services.
Answer: A,C,F
NEW QUESTION 17
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 Data Import
- B. Customer Sales Data Source Documents Import
- C. Customer Contract Source Documents Import
- D. Customer Sales Source Data Import
Answer: A
NEW QUESTION 18
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. Set Band
- B. Deal Size Band
- C. Amount Band
- D. Quantity Band
Answer: C
NEW QUESTION 19
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?
- A. The Displayed option
- B. Wether Dynamic Combination Creation Allowed is enabled
- C. The shape: Same nunmber of segments and order
- D. The Query Required option
- E. The value sets
Answer: C,E
NEW QUESTION 20
At which level does Oracle Revenue management perform accounting?
- A. Performance obligation level
- B. Contract level
- C. Legal entity level
Answer: A
NEW QUESTION 21
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Discount
- B. Contract Unearned Revenue
- C. Contract Liability
- D. Contract Asset
Answer: B
NEW QUESTION 22
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?
- A. Identify Customer Contract Based on Source Document
- B. Identify Customer Contract Based on Source System
- C. Identify Customer Contract Based on Party
- D. Identify Customer Contract Based on Source Document Line
Answer: A
NEW QUESTION 23
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?
- A. Ignore the performance obligation for the toaster because it was free of cost to the customer.
- B. Create the performance obligation for the toaster manually.
- C. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
- D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
Answer: C
NEW QUESTION 24
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
- A. Smart View
- B. Oracle Transactional Business Intelligence
- C. Business Intelligence Publisher
- D. Reporting Studio
Answer: C
NEW QUESTION 25
If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?
- A. Delete Contracts from the Manage Customer Contracts Ul.
- B. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
- C. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
- D. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
- E. Delete the source data that was imported into Revenue Management and import new source data.
Answer: B
NEW QUESTION 26
Which is NOT a Price Band Type?
- A. Set Band
- B. Percentage Band
- C. Amount Band
- D. Quantity Band
Answer: B
NEW QUESTION 27
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
- A. Banks, branches and bank accounts
- B. Inventory items
- C. Suppliers
- D. Business Units
- E. Customers
- F. Receivables configurations
Answer: B,D,E
NEW QUESTION 28
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?
- A. The contract is missing satisfaction events.
- B. The contract is missing Billing data.
- C. The total Transaction Price is over the user-defined threshold amount.
- D. The contract is missing standalone selling prices at the promised detail level or at obligation level.
Answer: C
Explanation:
Explanation
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.
NEW QUESTION 29
Which, when transferred to a customer, allows you to recognize revenue?
- A. an invoice
- B. a performance obligation
- C. a shipment
- D. promise detail
Answer: B
NEW QUESTION 30
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