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

Oracle 1Z0-1059-21 Online Questions & Answers

• Question 51:

  After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.

  Which two attributes on the structure instance are inherited from the structure definition?

  A. whether Dynamic Combination Creation Allowed is enabled
  B. the shape: Same number of segments and order
  C. the Displayed option
  D. the value sets
  E. the Query Required option
  A. whether Dynamic Combination Creation Allowed is enabled
  B. the shape: Same number of segments and order

• Question 52:

  What is a Standalone Selling Price (SSP)?

  A. the average of your bundled price
  B. the sum of the SSPs of the components
  C. the list price
  D. the price you would use if you sold to a customer separately
  D. the price you would use if you sold to a customer separately

• Question 53:

  A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page. Which reporting tool must be used to address this business requirement?

  A. Smart View
  B. Business Intelligence Publisher
  C. Oracle Transactional Business Intelligence
  D. Reporting Studio
  B. Business Intelligence Publisher

• Question 54:

  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. Amount Band
  B. Deal Size Band
  C. Set Band
  D. Quantity Band
  A. Amount Band

• Question 55:

  Which three attributes are helpful in defining a Contract Identification Rule?

  A. Product Description
  B. Quote Number
  C. Delivery Address
  D. Bill To Customer
  E. Ledger
  F. Business Unit
  A. Product Description
  B. Quote Number
  C. Delivery Address

• Question 56:

  Which statement is NOT applicable to Performance Obligation Templates?

  A. Oracle delivers three predefined Performance Obligation Templates,
  B. Performance Obligation Templates are specific to the business and cannot be predefined.
  C. Performance Obligation Templates take precedence over Performance Obligation Rules.
  D. Performance Obligation Templates can be associated to a Revenue Price Profile.
  A. Oracle delivers three predefined Performance Obligation Templates,

• Question 57:

  The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.

  What would cause a contract to be In the Pending Review tab?

  A. The total Transaction Price is over the user-defined threshold amount.
  B. The contract is missing standalone selling prices at the promised detail level or at obligation level.
  C. The contract is missing satisfaction events.
  D. The contract is missing Billing data.
  A. The total Transaction Price is over the user-defined threshold amount.

  ---

  Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.

  Reference:

  https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm#FAOF C2288367

• Question 58:

  Which three statements about Effective Periods are true?

  A. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
  B. Effective Periods are used for standalone selling prices and for creating journal entries.
  C. Gaps between periods are not allowed
  D. You cannot have overlapping periods.
  E. Effective Periods only define the rage where standalone selling prices of an item should be effective.
  C. Gaps between periods are not allowed
  D. You cannot have overlapping periods.
  E. Effective Periods only define the rage where standalone selling prices of an item should be effective.

• Question 59:

  Why are Source Document Type Codes required when defining Source Document Types?

  A. Because they are Revenue Management Descriptive Flexfields.
  B. Because they are needed for integration with Product Management.
  C. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
  D. Because they provide uniqueness to the Source Document Types.
  B. Because they are needed for integration with Product Management.

• Question 60:

  In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

  A. It tracks the difference in a Discount Allocation Account at the contract line level.
  B. It tracks the difference in a Write-off Allocation Account at the contract level.
  C. It tracks the difference In a Discount Allocation Account at the contract level.
  D. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
  A. It tracks the difference in a Discount Allocation Account at the contract line level.