Brilliant 1Z0-1059-24 Exam Dumps Get 1Z0-1059-24 Dumps PDF [Q41-Q55]

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Brilliant 1Z0-1059-24 Exam Dumps Get 1Z0-1059-24 Dumps PDF

1Z0-1059-24 Dumps PDF – 1Z0-1059-24 Real Exam Questions Answers

NO.41 Which is NOT a required piece of information when importing contract header Information from a source file?

Date of Source Document

Source Document Type code

Record Type

Source System

Currency code of source document

Source Document Unique Identifier Number 1

NO.42 A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?

Table

Subset

Independent

Format Only

Dependent

NO.43 What does the creation of an allocation allow you to determine?

the ability not to revise previously reported revenue for revision, corrections, and other changes

the fair value of each performance obligation

the maximum amount of revenue you can recognize soonest, postponing the minimum until later

an allocation of the expected consideration over the performance obligations as if you had sold them separately

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

NO.44 Oracle Revenue Management is part of_____________________predefined offering.

Enterprise Contracts

Fusion Accounting Hub

Incentive Compensation

Financials

NO.45 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?

whether Dynamic Combination Creation Allowed is enabled

the shape: Same number of segments and order

the Displayed option

the value sets

the Query Required option

NO.46 Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.

You value the accrual at estimated consideration and it is a monetary debt.

You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

NO.47 Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

Fixed Schedule

Variable Schedule

Daily Revenue Rate, All Periods

Daily Revenue Rate, Partial Periods

Partial Schedule

Daily Revenue Rate

NO.48 Which two are intended uses for the Standalone Selling Price Report Dashboard?

Review performance obligations by effective period.

Diagnose revenue price profile.

Drill down to data used to derive standalone selling prices.

Monitor transaction price calculation and allocation.

Analyze standalone selling prices for one or multiple effective periods.

NO.49 When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

when the Satisfaction Measurement Model is set to Amount

when the Satisfaction Measurement Model is set to Period

when the Satisfaction Measurement Model is set to Quantity

when the Satisfaction Measurement Model Is set to Percentage

NO.50 Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

Suppliers

Business Units

Customers

Inventory items

Receivables configurations

Banks, branches and bank accounts

NO.51 When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)

Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

Time-based contingencies must not expire before the contingency can be removed and revenue recognized

Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet

Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

NO.52 Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

Apply appropriate patches to EBS.

Run the Deploy System Options process.

Set the Profile Option AR: Source System Value for Revenue Management.

Map the EBS Chart of Accounts to the Cloud General Ledger.

Set the System Options in EBS Receivables on the Revenue Management tab.

NO.53 One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
What is the name of this spreadsheet template?

Customer Contract Source Documents Import

Customer Sales Source Data Import

Customer Contract Source Data Import

Customer Sales Data Source Documents Import

NO.54 Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

Reason

Pricing Dimension

Item Identifier

Performance Obligation Template

Tolerance ranges

SSP Type

NO.55 Which is the following is NOT a feature of personalization

Saving searches

Changing text font

Selecting default language

Configuring table columns

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