Oracle Revenue Management Cloud 1Z0-1059-22 Questions & Answers

• Question 1:

  Which is NOT a Price Band Type?

  A. Amount Band

  B. Set Band

  C. Quantity Band

  D. Percentage Band

  Correct Answer: D

• Question 2:

  If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?

  A. Delete the source data that was imported into Revenue Management and import new source data.

  B. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.

  C. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify CustomerContracts program again.

  D. Delete Contracts from the Manage Customer Contracts Ul.

  E. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.

  Correct Answer: C

• Question 3:

  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 inheritedfrom the structure definition?

  A. Wether Dynamic Combination Creation Allowed is enabled

  B. The value sets

  C. The Query Required option

  D. The Displayed option

  E. The shape: Same nunmber of segments and order

  Correct Answer: BE

• Question 4:

  Which statement is NOT applicable to Performance Obligation Templates?

  A. Oracle delivers threepredefined 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.

  Correct Answer: A

• Question 5:

  Oracle Revenue Management is part of_____________________predefined offering.

  A. Enterprise Contracts

  B. Fusion Accounting Hub

  C. Incentive Compensation

  D. Financials

  Correct Answer: D

• Question 6:

  Which configuration component is Source Document TypeNOTconnected to?

  A. Revenue Management System Options

  B. Performance Obligation Template

  C. Contract Identification Rules

  D. Revenue Price Profile

  E. Performance Obligation Identification Rules

  Correct Answer: D

• Question 7:

  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. Createmultiple instances for a given Pricing Dimension Structure.

  E. Include user friendly prompts for each segment.

  F. Assign required segment labels to each segment.

  Correct Answer: ACF

  Reference:https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.ht m#FAIRP2010696

• Question 8:

  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

  Correct Answer: C

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

• Question 9:

  Which isNOTa 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

  Correct Answer: F

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

• Question 10:

  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 Reviewtab?

  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 ismissing Billing data.

  Correct Answer: A

  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#FAOFC2288367