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Oracle 1Z0-1059-24 Exam Questions and Answers, Oracle Revenue Management Cloud Service 2024 Implementation Professional | SPOTO

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Question #1
What is a Standalone Selling Price (SSP)?
A. the price you would use if you sold to a customer separately
B. the average of your bundled price
C. the list price
D. the sum of the SSPs of the components
View answer
Correct Answer: A
Question #2
Which setup component Is NOT connected to a Revenue Price Profile?
A. Pricing Dimension Segments
B. Items
C. Contract Identification Rules
D. Source Document Types
View answer
Correct Answer: D
Question #3
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
A. by only creating contracts that are source system specific
B. by grouping source document lines intro contracts for each identified customer
C. by restricting users from excluding contract lines
D. by identifying and creating one or more performance obligations for a given accounting contract
E. by calculating Total Transaction Price for contracts
F. by allowing manual allocation of Total Transaction Price across performance obligations
View answer
Correct Answer: ABF
Question #4
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?
A. Oracle Revenue Management Cloud
B. Oracle General Ledger
C. Oracle Subledger Accounting
D. Oracle Receivables
View answer
Correct Answer: AC
Question #5
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example: Which Price Band Segment Label would be appropriate to use in this case?
A. Deal Size Band
B. Quantity Band
C. Amount Band
D. Set Band
View answer
Correct Answer: C

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