PASS GUARANTEED 2025 1Z0-1059-24: ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL MARVELOUS COMPLETE EXAM DUMPS

Pass Guaranteed 2025 1Z0-1059-24: Oracle Revenue Management Cloud Service 2024 Implementation Professional Marvelous Complete Exam Dumps

Pass Guaranteed 2025 1Z0-1059-24: Oracle Revenue Management Cloud Service 2024 Implementation Professional Marvelous Complete Exam Dumps

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
Topic 2
  • Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
Topic 3
  • Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
Topic 4
  • Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
Topic 5
  • Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q42-Q47):

NEW QUESTION # 42
How many tabs does the Customer Contract Source Data Import Template have?

  • A. four tabs that store data for the
    VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively
  • B. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
  • C. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
  • D. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

Answer: D

Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details


NEW QUESTION # 43
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

  • A. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
  • B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
  • C. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
  • D. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
  • E. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
  • F. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.

Answer: B,C


NEW QUESTION # 44
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 value sets
  • B. The Query Required option
  • C. Wether Dynamic Combination Creation Allowed is enabled
  • D. The shape: Same nunmber of segments and order
  • E. The Displayed option

Answer: A,D


NEW QUESTION # 45
Which statement is NOT applicable to Performance Obligation Templates?

  • A. Performance Obligation Templates are specific to the business and cannot be predefined.
  • B. Performance Obligation Templates take precedence over Performance Obligation Rules.
  • C. Performance Obligation Templates can be associated to a Revenue Price Profile.
  • D. Oracle delivers three predefined Performance Obligation Templates,

Answer: D


NEW QUESTION # 46
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
  • C. 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
  • D. Unearned Revenue

Answer: B


NEW QUESTION # 47
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