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Oracle 1Z0-1059-24 Exam Dumps

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Number Of Questions: 84

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Exam Details

Exam Name:

Oracle Revenue Management Cloud Service 2024 Implementation Professional

Exam Code:

1Z0-1059-24

Total Questions in Exam:

84

Demo Questions

Q1. 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 Document Line

C. Identify Customer Contract Based on Source Document

D. Identify Customer Contract Based on Source System

Correct Answer: C

Q2. You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs. Which attribute needs to be updated to achieve this objective?

A.Freeze Period

B. Default Classification

C. Source Document Type

D. Priority

Correct Answer: D

Q3. Which three tasks can be performed In the Revenue Management Work Area?

A.Edit Contract Identification Rules.

B. Review Observed Standalone Selling Prices.

C. Manage contracts in 'Pending Review' status.

D. Manage contracts in 'Pending Allocation' status.

E. Review Performance Satisfaction Plans.

F. Review Revenue Price Profiles.

Correct Answer: B, C, D

Q4. Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A.Performance Obligation Satisfied

B. Performance Obligation Billed

C. Initial Performance

D. Revenue Recognized

E. Standalone Selling Prices Allocated

Correct Answer: A, C, D

Q5. 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.Select Conversion Rate Type in the Source Document Type setup.

B. Run the Revenue Management translation process.

C. Enter Conversion Rate Type in System Options.

D. Provide currency conversion details in the Revenue Basis Data Import Template.

E. Enter exchange rate information in Standalone Selling Price Profile.

Correct Answer: B, C

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