1Z0-1059-24 VALID EXAM TIPS, 1Z0-1059-24 EXAM CERTIFICATION

1Z0-1059-24 Valid Exam Tips, 1Z0-1059-24 Exam Certification

1Z0-1059-24 Valid Exam Tips, 1Z0-1059-24 Exam Certification

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 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
  • 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 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 (Q65-Q70):

NEW QUESTION # 65
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

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

Answer: B,D


NEW QUESTION # 66
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

  • A. Dashboards
  • B. Infotile
  • C. Infolets
  • D. Analysis

Answer: A,D


NEW QUESTION # 67
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

  • A. Create a secondary ledger.
  • B. Using their existing primary ledger.
  • C. Create a new primary ledger.
  • D. Create a reporting ledger.

Answer: B


NEW QUESTION # 68
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. the source document types
  • B. a pricing dimension structure
  • C. pricing bands
  • D. a pricing dimension structure instance

Answer: C


NEW QUESTION # 69
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

  • A. when it is a business requirement
  • B. when the Deferred Revenue box is checked
  • C. when Context Values are populated
  • D. when the Type is Fixed or Variable

Answer: D


NEW QUESTION # 70
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