Oracle 1Z0-1059-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1059-20 Online Questions & Answers

• Question 21:

  Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.

  Which three setup attributes are part of a Standalone Selling Price Profile?

  A. Observed Standalone Selling Prices
  B. Estimated Standalone Selling Prices
  C. Pricing Dimension Assignment
  D. SSP Tolerance Usage
  E. Items
  A. Observed Standalone Selling Prices
  B. Estimated Standalone Selling Prices
  C. Pricing Dimension Assignment

• Question 22:

  Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

  A. Contract Asset
  B. Contract Price Variance
  C. Contract Liability
  D. Contract Revenue
  E. Contract Expense
  F. Contract Clearing
  E. Contract Expense

• Question 23:

  Which setup component Is NOT connected to a Revenue Price Profile?

  A. Contract Identification Rules
  B. Items
  C. Source Document Types
  D. Pricing Dimension Segments
  C. Source Document Types

• Question 24:

  Which is the following is NOT a feature of personalization

  A. Selecting default language
  B. Changing text font
  C. Saving searches
  D. Configuring table columns
  B. Changing text font

• Question 25:

  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 on which either party has acted
  D. a promise to a customer
  D. a promise to a customer

• Question 26:

  A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.

  What does the pricing dimension assignment match the pricing dimension segment combination to?

  A. pricing bands
  B. a pricing dimension structure
  C. the source document types
  D. a pricing dimension structure instance
  A. pricing bands

• Question 27:

  

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

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

• Question 28:

  A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application. How should you handle this scenario In Revenue Management?

  A. Ignore the performance obligation for the toaster because it was free of cost to the customer.
  B. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
  C. Create the performance obligation for the toaster manually.
  D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
  B. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

• Question 29:

  Given your organization's Interactions with one of Its customers:

  1.

  A consultant is deployed to assist customer on 10-Sep-2017.

  2.

  A Sales order is booked on 14-Sep-2017.

  3.

  The Product is shipped on 15-Sep-2017.

  4.

  An Invoice is issued on 20-Sep-2017.

  When do you accrue the contract liability?

  A. when the consultant is deployed to assist customer on 10-Sep-2017
  B. when the product is shipped on 15-Sep-2017
  C. when the sales order Is booked on 14-Sep-2017
  D. when an invoice is issued on 20-Sep-2017
  A. when the consultant is deployed to assist customer on 10-Sep-2017

• Question 30:

  Which two are intended uses for the Standalone Selling Price Report Dashboard?

  A. Review performance obligations by effective period.
  B. Diagnose revenue price profile.
  C. Drill down to data used to derive standalone selling prices.
  D. Monitor transaction price calculation and allocation.
  E. Analyze standalone selling prices for one or multiple effective periods.
  B. Diagnose revenue price profile.
  E. Analyze standalone selling prices for one or multiple effective periods.