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1Z0-1059-20 Exam Questions & Answers

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1Z0-1059-20 Exam Questions & Answers

Vendor: Oracle

Certifications: Oracle Certifications

Exam Code: 1Z0-1059-20

Exam Name: Oracle Revenue Management Cloud Service 2020 Implementation Essentials

Updated: Jan 07, 2025

Q&As: 75 ( View Details)

Exam retired ,new exam code replace: 1Z0-1059-21

PDF Only: $49.99 VCE Only: $55.99 PDF + VCE: $65.99

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1Z0-1059-20 Online Practice Questions and Answers

Questions 1

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. Amount Band

B. Deal Size Band

C. Set Band

D. Quantity Band

Show Answer
Questions 2

When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you

consider that recognition depends on the nature of the contingency? (Choose two)

A. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

B. Time-based contingencies must not expire before the contingency can be removed and revenue recognized

C. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet

D. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

E. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

Show Answer
Questions 3

What does the creation of an allocation allow you to determine?

A. the ability not to revise previously reported revenue for revision, corrections, and other changes

B. the fair value of each performance obligation

C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later

D. an allocation of the expected consideration over the performance obligations as if you had sold them separately

Show Answer More Questions

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