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1Z0-1059 Exam Questions & Answers

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1Z0-1059 Exam Questions & Answers

Vendor: Oracle

Certifications: Oracle Cloud

Exam Code: 1Z0-1059

Exam Name: Oracle Revenue Management Cloud Service 2019 Implementation Essentials

Updated:

Q&As: 75

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Free 1Z0-1059 Exam Questions in PDF Format

1Z0-1059 Online Practice Questions and Answers

Questions 1

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. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

C. Create the performance obligation for the toaster manually.

D. Define an adhoc rule in the Revenue Price Profile to include the toaster.

Show Answer
Questions 2

Which three statements describe how Revenue Management creates accounting contracts to meet the

new ASC 606 / IFRS 15 revenue recognition standards?

A. by identifying and creating one or more performance obligations for a given accounting contract

B. by calculating Total Transaction Price for contracts

C. by only creating contracts that are source system specific

D. by allowing manual allocation of Total Transaction Price across performance obligations

E. by restricting users from excluding contract lines

F. by grouping source document lines intro contracts for each identified customer

Show Answer
Questions 3

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.

In addition to the SSP Value (price) and Currency, which two are required?

A. SSP Type

B. Pricing Dimension

C. Performance Obligation Template

D. Unit of Measure

E. Item Identifier

Show Answer More Questions

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