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Associate 1Z0-1059-24 Level Exam, Reliable 1Z0-1059-24 Source

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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

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.

Topic 4

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 5

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.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q84-Q89):

NEW QUESTION # 84
Which statement is NOT applicable to Performance Obligation Templates?

A. Performance Obligation Templates take precedence over Performance Obligation Rules.
B. Oracle delivers three predefined Performance Obligation Templates,
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: B

NEW QUESTION # 85
How can you access an implementation task in Functional Setup Manager. (choose 3)

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

Answer: A,B,D

NEW QUESTION # 86
Which, when transferred to a customer, allows you to recognize revenue?

A. a shipment
B. an invoice
C. a performance obligation
D. promise detail

Answer: C

NEW QUESTION # 87
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 Party
B. Identify Customer Contract Based on Source System
C. Identify Customer Contract Based on Source Document
D. Identify Customer Contract Based on Source Document Line

Answer: C

NEW QUESTION # 88
Which setup Is required to enable integration between Order Management and Revenue Management?

A. Create custom program to extract sales order and fulfillment data from Order Management.
B. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
C. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
D. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
E. Add Order Management in the Manage Trading Community Source Systems page.
F. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

Answer: C

NEW QUESTION # 89
......

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