NEWEST 1Z0-1059-24 VALID TEST COST & LEADING OFFER IN QUALIFICATION EXAMS & UNPARALLELED 1Z0-1059-24: ORACLE REVENUE MANAGEMENT CLOUD SERVICE 2024 IMPLEMENTATION PROFESSIONAL

Newest 1Z0-1059-24 Valid Test Cost & Leading Offer in Qualification Exams & Unparalleled 1Z0-1059-24: Oracle Revenue Management Cloud Service 2024 Implementation Professional

Newest 1Z0-1059-24 Valid Test Cost & Leading Offer in Qualification Exams & Unparalleled 1Z0-1059-24: Oracle Revenue Management Cloud Service 2024 Implementation Professional

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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 3
  • 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 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
  • 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.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q49-Q54):

NEW QUESTION # 49
When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

  • A. when the Satisfaction Measurement Model is set to Quantity
  • B. when the Satisfaction Measurement Model Is set to Percentage
  • C. when the Satisfaction Measurement Model is set to Period
  • D. when the Satisfaction Measurement Model is set to Amount

Answer: C


NEW QUESTION # 50
Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

  • A. Run the Deploy System Options process.
  • B. Map the EBS Chart of Accounts to the Cloud General Ledger.
  • C. Apply appropriate patches to EBS.
  • D. Set the System Options in EBS Receivables on the Revenue Management tab.
  • E. Set the Profile Option AR: Source System Value for Revenue Management.

Answer: A,B


NEW QUESTION # 51
What is a Performance Obligation?

  • A. a combination of customer type and product code
  • B. a product code or SKU
  • C. a promise to a customer
  • D. a promise to a customer on which either party has acted

Answer: C

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP2456627


NEW QUESTION # 52
At which level does Oracle Revenue management perform accounting?

  • A. Performance obligation level
  • B. Legal entity level
  • C. Contract level

Answer: A


NEW QUESTION # 53
Which setup Is required to enable integration between Order Management and Revenue Management?

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

Answer: B


NEW QUESTION # 54
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