1Z0-1059-21 Exam Dumps Pass with Updated Dec-2021 Tests Dumps
1Z0-1059-21 exam questions for practice in 2021 Updated 82 Questions
Oracle 1Z0-1059-21 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
NEW QUESTION 40
What is a contract modification?
- A. a revision or correction to the estimate of variable consideration made at inception
- B. a change to the contract caused by negotiation with the customer
- C. an increase or decrease in expected collectability
- D. a change (modification) to the contract data
Answer: B
NEW QUESTION 41
Which, when transferred to a customer, allows you to recognize revenue?
- A. an invoice
- B. promise detail
- C. a performance obligation
- D. a shipment
Answer: C
NEW QUESTION 42
What does the creation of an allocation allow you to determine?
- A. the fair value of each performance obligation
- B. the ability not to revise previously reported revenue for revision, corrections, and other changes
- C. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
Answer: A
NEW QUESTION 43
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 44
Which is NOT a Price Band Type?
- A. Quantity Band
- B. Percentage Band
- C. Set Band
- D. Amount Band
Answer: B
NEW QUESTION 45
Which three attributes are helpful in defining a Contract Identification Rule?
- A. Quote Number
- B. Business Unit
- C. Product Description
- D. Ledger
- E. Delivery Address
- F. Bill To Customer
Answer: A,C,E
NEW QUESTION 46
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Analyze pricing policies across products and services.
- B. Define up to 30 segments and name them.
- C. Assign required segment labels to each segment.
- D. Define up to 20 segments and name them.
- E. Create multiple instances for a given Pricing Dimension Structure.
- F. Include user friendly prompts for each segment.
Answer: A,B,C
NEW QUESTION 47
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Discount
- B. Contract Unearned Revenue
- C. Contract Asset
- D. Contract Liability
Answer: B
NEW QUESTION 48
Which is NOT a required piece of information when importing contract header Information from a source file?
- A. Currency code of source document
- B. Source Document Type code
- C. Source System
- D. Source Document Unique Identifier Number 1
- E. Record Type
- F. Date of Source Document
Answer: D
NEW QUESTION 49
Which setup Is required to enable integration between Order Management and Revenue Management?
- A. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
- B. Create custom program to extract sales order and fulfillment data from Order Management.
- C. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
- D. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
- E. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
- F. Add Order Management in the Manage Trading Community Source Systems page.
Answer: A
NEW QUESTION 50
Which statement is NOT applicable to Performance Obligation Templates?
- A. Oracle delivers three predefined Performance Obligation Templates,
- B. Performance Obligation Templates take precedence over Performance Obligation Rules.
- C. Performance Obligation Templates are specific to the business and cannot be predefined.
- D. Performance Obligation Templates can be associated to a Revenue Price Profile.
Answer: A
NEW QUESTION 51
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?
- A. allow partial
- B. require partial
- C. require complete
- D. allow complete
Answer: A,C
NEW QUESTION 52
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. Run the Calculate Observed Standalone Selling Prices program.
- B. Close the previous period.
- C. Run Create Accounting.
- D. Review the calculated OSSP.
- E. Approve the OSSP by establishing it.
- F. Categorize standalone sales by performance obligation.
Answer: A,F
NEW QUESTION 53
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
- A. Contract Price Variance
- B. Contract Clearing
- C. Contract Revenue
- D. Contract Asset
- E. Contract Liability
- F. Contract Expense
Answer: F
NEW QUESTION 54
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?
- A. when the Type is Fixed or Variable
- B. when the Deferred Revenue box is checked
- C. when it is a business requirement
- D. when Context Values are populated
Answer: A
NEW QUESTION 55
......
Authentic 1Z0-1059-21 Dumps With 100% Passing Rate Practice Tests Dumps: https://www.real4prep.com/1Z0-1059-21-exam.html