1Z0-1059-24 WELL PREP, EXAM 1Z0-1059-24 FORUM

1Z0-1059-24 Well Prep, Exam 1Z0-1059-24 Forum

1Z0-1059-24 Well Prep, Exam 1Z0-1059-24 Forum

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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
  • 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 3
  • 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 4
  • 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 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
Oracle Revenue Management is part of_____________________predefined offering.

  • A. Enterprise Contracts
  • B. Fusion Accounting Hub
  • C. Incentive Compensation
  • D. Financials

Answer: D


NEW QUESTION # 66
Which is NOT a Price Band Type?

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

Answer: B


NEW QUESTION # 67
Which setup Is required to enable integration between Order Management and Revenue Management?

  • A. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
  • B. Add Order Management in the Manage Trading Community Source Systems page.
  • C. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
  • D. Create custom program to extract sales order and fulfillment data from Order Management.
  • E. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
  • F. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

Answer: F


NEW QUESTION # 68
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

  • A. multiple accounting representations
  • B. stand-alone selling price derivation
  • C. centralized accounting solution
  • D. revaluation of assets and liabilities
  • E. General Ledger journal creation
  • F. General Ledger account derivation based on predefined events

Answer: A,D,E


NEW QUESTION # 69
When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

  • A. when the Satisfaction Measurement Model is set to Period
  • B. when the Satisfaction Measurement Model is set to Quantity
  • C. when the Satisfaction Measurement Model Is set to Percentage
  • D. when the Satisfaction Measurement Model is set to Amount

Answer: A


NEW QUESTION # 70
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