1Z0-1059-20 Exam Questions & Answers

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1Z0-1059-20 Exam Questions & Answers

Vendor: Oracle

Certifications: Enterprise Resource Planning (ERP)

Exam Code: 1Z0-1059-20

Exam Name: Oracle Revenue Management Cloud Service 2020 Implementation Essentials

Updated:

Q&As: 75

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Same Questions from the Latest Real Exam

1Z0-1059-20 Online Practice Questions and Answers

Questions 1

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. Performance Obligation Satisfied

B. Performance Obligation Billed

C. Initial Performance

D. Revenue Recognized

E. Standalone Selling Prices Allocated

Show Answer
Questions 2

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 not yet 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

Show Answer
Questions 3

Which three attributes are helpful in defining a Contract Identification Rule?

A. Product Description

B. Quote Number

C. Delivery Address

D. Bill To Customer

E. Ledger

F. Business Unit

Show Answer More Questions

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