Pass Guaranteed Quiz 2025 Oracle 1Z0-1059-24: Valid Oracle Revenue Management Cloud Service 2024 Implementation Professional Valid Exam Materials

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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	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 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	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 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 (Q17-Q22):

NEW QUESTION # 17
Which setup Is required to enable integration between Order Management and Revenue Management?

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

Answer: E

NEW QUESTION # 18
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. Set Band
D. Amount Band

Answer: D

NEW QUESTION # 19
Which is NOT a required piece of information when importing contract header Information from a source file?

A. Currency code of source document
B. Record Type
C. Source System
D. Date of Source Document
E. Source Document Unique Identifier Number 1
F. Source Document Type code

Answer: E

NEW QUESTION # 20
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. Source Document Type
B. Freeze Period
C. Priority
D. Default Classification

Answer: C

NEW QUESTION # 21
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

A. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
B. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.
C. Revenue Management can only integrate to Fusion Receivables.
D. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.

Answer: C,D

NEW QUESTION # 22
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Pass Guaranteed Quiz 2025 Oracle 1Z0-1059-24: Valid Oracle Revenue Management Cloud Service 2024 Implementation Professional Valid Exam Materials

Oracle 1Z0-1059-24 Exam Syllabus Topics:

2025 1Z0-1059-24 Valid Exam Materials | The Best 100% Free Oracle Revenue Management Cloud Service 2024 Implementation Professional Instant Access

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q17-Q22):

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