HOT 1Z0-1059-24 TEST QUIZ - LATEST ORACLE 1Z0-1059-24 TRAINING ONLINE: ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL

HOT 1Z0-1059-24 Test Quiz - Latest Oracle 1Z0-1059-24 Training Online: Oracle Revenue Management Cloud Service 2024 Implementation Professional

HOT 1Z0-1059-24 Test Quiz - Latest Oracle 1Z0-1059-24 Training Online: Oracle Revenue Management Cloud Service 2024 Implementation Professional

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
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
  • 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 3
  • 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 4
  • 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 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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A whole new scope opens up to you and you are immediately hired by reputed firms. Even though the Oracle 1Z0-1059-24 certification boosts your career options, you have to pass the 1Z0-1059-24 Exam. This Oracle 1Z0-1059-24 exam serves to filter out the capable from incapable candidates.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q51-Q56):

NEW QUESTION # 51
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

  • A. Daily Revenue Rate
  • B. Daily Revenue Rate, All Periods
  • C. Variable Schedule
  • D. Fixed Schedule
  • E. Daily Revenue Rate, Partial Periods
  • F. Partial Schedule

Answer: D


NEW QUESTION # 52
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. Deal Size Band
  • B. Amount Band
  • C. Quantity Band
  • D. Set Band

Answer: B


NEW QUESTION # 53
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. Deal Size Band
  • B. Amount Band
  • C. Quantity Band
  • D. Set Band

Answer: B


NEW QUESTION # 54
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

  • A. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
  • B. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
  • C. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
  • D. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.

Answer: D


NEW QUESTION # 55
Which three tasks are associated with defining a Pricing Dimension Structure?

  • A. Analyze pricing policies across products and services.
  • B. Include user friendly prompts for each segment.
  • C. Define up to 20 segments and name them.
  • D. Define up to 30 segments and name them.
  • E. Assign required segment labels to each segment.
  • F. Create multiple instances for a given Pricing Dimension Structure.

Answer: A,D,E


NEW QUESTION # 56
......

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