1Z0-1059-21 Online Practice Questions and Answers

Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a predefined Excel FBDI template.

B. It is a predefined Java FBDI template.

C. It Is a predefined HTML FBDI template.

D. It is a custom template that you are required to build.

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 total Transaction Price is over the user-defined threshold amount.

B. The contract is missing standalone selling prices at the promised detail level or at obligation level.

C. The contract is missing satisfaction events.

D. The contract is missing Billing data.

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

When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

A. when the Satisfaction Measurement Model is set to Amount

B. when the Satisfaction Measurement 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

Which is NOT a Price Band Type?

A. Amount Band

B. Set Band

C. Quantity Band

D. Percentage Band

Which three statements about Effective Periods are true?

A. If effective periods are not defined. Revenue Management uses the General Ledger calendar.

B. Effective Periods are used for standalone selling prices and for creating journal entries.

C. Gaps between periods are not allowed.

D. You cannot have overlapping periods.

E. Effective Periods only define the rage where standalone selling prices of an item should be effective.

Why are Source Document Type Codes required when defining Source Document Types?

A. Because they are Revenue Management Descriptive Flexfields.

B. Because they are needed for integration with Product Management.

C. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.

D. Because they provide uniqueness to the Source Document Types.

Oracle Revenue Management is part of_____________________predefined offering.

A. Enterprise Contracts

B. Fusion Accounting Hub

C. Incentive Compensation

D. Financials

Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.

Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A. Fixed Schedule

B. Variable Schedule

C. Daily Revenue Rate, All Periods

D. Daily Revenue Rate, Partial Periods

E. Partial Schedule

F. Daily Revenue Rate

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. PowerPoint

C. Flat File

D. PDF