Download Oracle 1Z0-1059-24 Sample Questions [Mar-2025]
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NEW QUESTION # 29
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Create multiple instances for a given Pricing Dimension Structure.
- 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. Include user friendly prompts for each segment.
- F. Analyze pricing policies across products and services.
Answer: B,C,F
NEW QUESTION # 30
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?
- A. Oracle Subledger Accounting
- B. Oracle General Ledger
- C. Oracle Receivables
- D. Oracle Revenue Management Cloud
Answer: A,D
NEW QUESTION # 31
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?
- A. Sub contract level details.
- B. Sales order header level data.
- C. Sales order line level data.
- D. Performance obligation satisfaction event details.
Answer: D
NEW QUESTION # 32
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?
- A. when an invoice is issued on 20-Sep-2017
- B. when the consultant is deployed to assist customer on 10-Sep-2017
- C. when the sales order Is booked on 14-Sep-2017
- D. when the product is shipped on 15-Sep-2017
Answer: B
NEW QUESTION # 33
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. A, B, C
- B. C, B, A
- C. A, C, B
- D. C, A, B
- E. B, A, C
- F. B, C, A
Answer: E
NEW QUESTION # 34
What does the creation of an allocation allow you to determine?
- A. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- B. the ability not to revise previously reported revenue for revision, corrections, and other changes
- C. the fair value of each performance obligation
- D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
Answer: C
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm
NEW QUESTION # 35
What does a Variable Consideration require?
- A. that the consideration be monetary
- B. a disclosure be made to the shareholders
- C. an estimate of the consideration be made at inception only
- D. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
Answer: C
Explanation:
https://cloud.oracle.com/opc/saas/RevMgmt/r12/wn/r12-revenue-wn.pdf (p.15)
NEW QUESTION # 36
How many tabs does the Customer Contract Source Data Import Template have?
- A. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
- B. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
- C. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
- D. four tabs that store data for the
Answer: C
Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details
NEW QUESTION # 37
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 # 38
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 exchange rate information in Standalone Selling Price Profile.
- B. Select Conversion Rate Type in the Source Document Type setup.
- C. Enter Conversion Rate Type in System Options.
- D. Provide currency conversion details in the Revenue Basis Data Import Template.
- E. Run the Revenue Management translation process.
Answer: C,E
NEW QUESTION # 39
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. the shape: Same number of segments and order
- C. the Query Required option
- D. the value sets
- E. whether Dynamic Combination Creation Allowed is enabled
Answer: B,E
NEW QUESTION # 40
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?
- A. allow partial
- B. require complete
- C. allow complete
- D. require partial
Answer: A,B
Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853
NEW QUESTION # 41
Which, when transferred to a customer, allows you to recognize revenue?
- A. a performance obligation
- B. a shipment
- C. an invoice
- D. promise detail
Answer: A
NEW QUESTION # 42
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 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.
- D. 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.
Answer: C
NEW QUESTION # 43
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. 90 User Extensible Fields
- B. 10 User Extensible Fields
- C. 50 User Extensible Fields
- D. 60 User Extensible Fields
Answer: B
NEW QUESTION # 44
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
- A. Revenue Management can only integrate to Fusion Receivables.
- B. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
- C. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue
- D. You can define date filters in order to consider only relevant data needed to comply with the
Answer: A,D
NEW QUESTION # 45
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