ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL LATEST EXAM GUIDE & 1Z0-1059-24 FREE DOWNLOAD PDF & ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL EXAM PRACTICE TRAINING

Oracle Revenue Management Cloud Service 2024 Implementation Professional Latest Exam Guide & 1Z0-1059-24 Free Download Pdf & Oracle Revenue Management Cloud Service 2024 Implementation Professional Exam Practice Training

Oracle Revenue Management Cloud Service 2024 Implementation Professional Latest Exam Guide & 1Z0-1059-24 Free Download Pdf & Oracle Revenue Management Cloud Service 2024 Implementation Professional Exam Practice Training

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q20-Q25):

NEW QUESTION # 20
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?

  • A. Priority
  • B. Source Document Type
  • C. Freeze Period
  • D. Default Classification

Answer: A


NEW QUESTION # 21
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

  • A. Preserve contract
  • B. Reject contract
  • C. Reject line
  • D. Void contract
  • E. Reverse line

Answer: B,C

Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm


NEW QUESTION # 22
Oracle Revenue Management is part of_____________________predefined offering.

  • A. Fusion Accounting Hub
  • B. Incentive Compensation
  • C. Enterprise Contracts
  • D. Financials

Answer: D


NEW QUESTION # 23
A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

  • A. pricing bands
  • B. the source document types
  • C. a pricing dimension structure
  • D. a pricing dimension structure instance

Answer: A


NEW QUESTION # 24
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

  • A. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
  • B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
  • C. You value the accrual at estimated consideration and it is a monetary debt.
  • D. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
  • E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

Answer: A


NEW QUESTION # 25
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