100% Free 1Z0-1059-21 Exam Dumps Use Real Oracle Cloud Dumps With 82 Questions! [Q10-Q25]

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100% Free 1Z0-1059-21 Exam Dumps Use Real Oracle Cloud Dumps With 82 Questions!

Pass Your 1Z0-1059-21 Exam Easily With 100% Exam Passing Guarantee [2022]


Oracle 1Z0-1059-21 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure and Manage Standalone Selling Prices
  • Revenue Management Overview
Topic 2
  • Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
Topic 3
  • Process Customer Contract Source Documents
  • Use Delivered Reports
Topic 4
  • Standalone Selling Price and Related Configurations
  • Configure The Revenue Management Application
Topic 5
  • Explain Contracts, Performance Obligations and Contract Maintenance
  • Explain how to create OTBI reporting objects
Topic 6
  • Revenue Management Reporting
  • Revenue Contracts
  • Load Data Using FBDI Templates
Topic 7
  • Describe The Revenue Management User Interface
  • Revenue Management Setups
Topic 8
  • Describe Revenue Management Integration Requirements
  • Analyze Accounting in Revenue Management

 

NEW QUESTION 10
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?

  • A. Identify Customer Contract Based on Source Document Line
  • B. Identify Customer Contract Based on Source Document
  • C. Identify Customer Contract Based on Party
  • D. Identify Customer Contract Based on Source System

Answer: B

 

NEW QUESTION 11
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

  • A. Quantity Band
  • B. Deal Size Band
  • C. Set Band
  • D. Amount Band

Answer: D

 

NEW QUESTION 12
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 Displayed option
  • B. whether Dynamic Combination Creation Allowed is enabled
  • C. the Query Required option
  • D. the value sets
  • E. the shape: Same number of segments and order

Answer: B,E

 

NEW QUESTION 13
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

  • A. by setting SM to "Allow Partial" and SMM to "Quantity"
  • B. by setting SM to "Allow Partial" and SMM to "Period"
  • C. by setting SM to "Requires Complete" and SMM to "Quantity"
  • D. by setting SM to "Requires Complete" and SMM to "Period"
  • E. by setting SM to "Requires Complete" and SMM to "Percent"

Answer: D

 

NEW QUESTION 14
How can you access an implementation task in Functional Setup Manager. (choose 3)

  • A. By navigating from the Implementation Project
  • B. By navigating from the Welcome Springboard
  • C. By searching
  • D. By navigation to an offering's functional area

Answer: A,C,D

 

NEW QUESTION 15
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

  • A. Run the Calculate Observed Standalone Selling Prices program to derive prices.
  • B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
  • C. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
  • D. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.

Answer: A

 

NEW QUESTION 16
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

  • A. By defining a Contact Identification Rule.
  • B. By defining a Performance Obligation Template.
  • C. By defining a Standalone Selling Price Profile.
  • D. By defining a Revenue Item Group

Answer: D

 

NEW QUESTION 17
Which is the following is NOT a feature of personalization

  • A. Changing text font
  • B. Saving searches
  • C. Selecting default language
  • D. Configuring table columns

Answer: A

 

NEW QUESTION 18
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

  • A. Infolets
  • B. Dashboards
  • C. Analysis
  • D. Infotile

Answer: B,C

 

NEW QUESTION 19
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
  • B. the source document types
  • C. pricing bands
  • D. a pricing dimension structure instance

Answer: C

 

NEW QUESTION 20
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

  • A. Create source document types specifically for Euro documents.
  • B. Populate Conversion Rate Type in System Options.
  • C. Create revenue prices in the Euro currency.
  • D. Populate exchange rates in Revenue Price Profile.

Answer: B

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348

 

NEW QUESTION 21
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

  • A. It tracks the difference In a Discount Allocation Account at the contract level.
  • B. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
  • C. It tracks the difference in a Discount Allocation Account at the contract line level.
  • D. It tracks the difference in a Write-off Allocation Account at the contract level.

Answer: C

 

NEW QUESTION 22
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

  • A. Enter Conversion Rate Type in System Options.
  • B. Select Conversion Rate Type in the Source Document Type setup.
  • C. Enter exchange rate information in Standalone Selling Price Profile.
  • D. Run the Revenue Management translation process.
  • E. Provide currency conversion details in the Revenue Basis Data Import Template.

Answer: A,D

 

NEW QUESTION 23
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

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

Answer: D

 

NEW QUESTION 24
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?

  • A. Business Intelligence Publisher
  • B. Reporting Studio
  • C. Smart View
  • D. Oracle Transactional Business Intelligence

Answer: A

 

NEW QUESTION 25
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