1z0-1059-22 by Oracle Actual Free Exam Questions And Answers

Question 1

In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?

A. Review the calculated OSSP.

B. Run Create Accounting.

C. Categorize standalone sales by performance obligation.

D. Approve the OSSP by establishing it.

E. Close the previous period.

F. Run the Calculate Observed Standalone Selling Prices program.

Discussion 0

Correct Answer: C,F Vote an answer

Question 2

Which is NOT a required piece of information when importing contract header Information from a source file?

A. Currency code of source document

B. Record Type

C. Source Document Unique Identifier Number 1

D. Source System

E. Source Document Type code

F. Date of Source Document

Discussion 0

Correct Answer: C Vote an answer

Question 3

Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

A. 50 User Extensible Fields

B. 60 User Extensible Fields

C. 90 User Extensible Fields

D. 10 User Extensible Fields

Discussion 0

Correct Answer: D Vote an answer

Question 4

Why Is Satisfaction Method a key element of a Performance Obligation?

A. because it specifies whether revenue has been fully or partially recognized for a good or service

B. because it calculates the percentage of Total Transaction Price allocated to date

C. because it calculates the amount of Total Transaction Price allocated to date

D. because it determines whether revenue for a good or service is recognized Over Time or Point in Time

Discussion 0

Correct Answer: D Vote an answer

Question 5

Which three attributes are helpful in defining a Contract Identification Rule?

A. Business Unit

B. Quote Number

C. Product Description

D. Delivery Address

E. Bill To Customer

F. Ledger

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 6

Which setup Is required to enable integration between Order Management and Revenue Management?

A. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

B. Add Order Management in the Manage Trading Community Source Systems page.

C. Create custom program to extract sales order and fulfillment data from Order Management.

D. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

E. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

F. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.

Discussion 0

Correct Answer: E Vote an answer

Question 7

Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

A. transaction price distributed to each performance obligation

B. transaction price derived from the source system line import

C. revenue recognized for each performance obligation

D. stand-alone selling price assigned to the promised detail line

Discussion 0

Correct Answer: A Vote an answer

Question 8

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. a pricing dimension structure instance

B. the source document types

C. a pricing dimension structure

D. pricing bands

Discussion 0

Correct Answer: D Vote an answer

Question 9

Which three tasks are associated with defining a Pricing Dimension Structure?

A. Define up to 20 segments and name them.

B. Assign required segment labels to each segment.

C. Analyze pricing policies across products and services.

D. Include user friendly prompts for each segment.

E. Define up to 30 segments and name them.

F. Create multiple instances for a given Pricing Dimension Structure.

Discussion 0

Correct Answer: B,C,E Vote an answer

Oracle Revenue Management Cloud Service 2022 Implementation Professional - 1z0-1059-22 Exam Practice Test

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