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Pass Guaranteed Oracle 1Z0-1059-24 - First-grade Oracle Revenue Management Cloud Service 2024 Implementation Professional Cert Exam

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

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 4

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.

Topic 5

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.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q18-Q23):

NEW QUESTION # 18
Which three attributes are helpful in defining a Contract Identification Rule?

A. Quote Number
B. Ledger
C. Business Unit
D. Bill To Customer
E. Delivery Address
F. Product Description

Answer: A,E,F

NEW QUESTION # 19
What is the correct match sequence of the descriptions A, B and C against the titles?

A. C, B, A
B. A, B, C
C. C, A, B
D. B, A, C
E. B, C, A
F. A, C, B

Answer: D

NEW QUESTION # 20
You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?

A. 0
B. 1
C. 2
D. 3
E. 4

Answer: C

NEW QUESTION # 21
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 Percentage
B. when the Satisfaction Measurement Model is set to Amount
C. when the Satisfaction Measurement Model is set to Period
D. when the Satisfaction Measurement Model is set to Quantity

Answer: C

NEW QUESTION # 22
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

A. when a pricing dimension structure Instance Is enabled for pricing bands
B. when a value set segment label of Set Band is used
C. when a pricing dimension structure is enabled for pricing bands
D. when a source document type is enabled to use pricing bands

Answer: C

NEW QUESTION # 23
......

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