Oracle 1Z0-1059-21 Online Practice Questions and Exam Preparation

Oracle 1Z0-1059-21 Online Questions & Answers

• Question 11:

  Which statement Is True regarding the Customer Contract Source Data Import Template?

  A. It is a predefined Excel FBDI template.
  B. It is a predefined Java FBDI template.
  C. It Is a predefined HTML FBDI template.
  D. It is a custom template that you are required to build.
  A. It is a predefined Excel FBDI template.

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  Reference:

  https://www.google.com/url?sa=tandrct=jandq=andesrc=sandsource=webandcd=1andcad=rjaanduact=8andv ed=2ahUKEwjQrM7ImKzdAhUHxYUKHbYLBpAQFjAAegQIBBACandurl=http%3A%2F%2Fw ww.oracle.com%2Fwebfolder%2Ftechnetwork%2Fdocs%

  2Ffbdi- r11%2Ffbdi%2Fxlsm%2FRevenueDataImportTemplate.xlsmandusg=AOvVaw2kKXNI1OQEF 9K6p7rBAEwz

• Question 12:

  What does the creation of an allocation allow you to determine?

  A. the ability not to revise previously reported revenue for revision, corrections, and other changes
  B. the fair value of each performance obligation
  C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
  D. an allocation of the expected consideration over the performance obligations as if you had sold them separately
  B. the fair value of each performance obligation

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  https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm

• Question 13:

  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.
  B. Review Observed Standalone Selling Prices.
  C. Manage contracts in "Pending Review" status.
  D. Manage contracts in "Pending Allocation" status.

• Question 14:

  At which level does Oracle Revenue management perform accounting?

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

• Question 15:

  You define a Contract Identification Rule that uses the following source document attributes to match

  transaction lines:

  Bill-to Customer Party Identifier

  Extensible Header Character Attribute 4

  Based the data displayed:

  

  How many contracts will be created In Revenue Management?

  A. 3
  B. 1
  C. 5
  E. 4
  A. 3

• Question 16:

  The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet. Which output option can you now also choose to assist In handling a large number of records?

  A. HTML
  B. PowerPoint
  C. Flat File
  D. PDF
  C. Flat File

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  Reference: http://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/r13- revenue-wn.htm

• Question 17:

  Which is NOT a Price Band Type?

  A. Amount Band
  B. Set Band
  C. Quantity Band
  D. Percentage Band
  D. Percentage Band

• Question 18:

  Which three tasks are associated with defining a Pricing Dimension Structure?

  A. Define up to 30 segments and name them.
  B. Define up to 20 segments and name them.
  C. Analyze pricing policies across products and services.
  D. Create multiple instances for a given Pricing Dimension Structure.
  E. Include user friendly prompts for each segment.
  F. Assign required segment labels to each segment.
  A. Define up to 30 segments and name them.
  C. Analyze pricing policies across products and services.
  F. Assign required segment labels to each segment.

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  Reference: https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP20 10696

• Question 19:

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

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

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  Reference:

  https://docs.oracle.com/cloud/r13_update17b/financialscs_gs/FAFRM/FAFRM2340000.htm #FAFRM2340000

• Question 20:

  You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:

  Extensible Line Character Attribute 7

  Based on the data displayed:

  

  A. 3
  B. 4
  C. 2
  D. 1
  A. 3