Free Practice Oracle 1Z0-1059-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Revenue Management Cloud Service 2024 Implementation Professional 1Z0-1059-24 Dumps Practice Questions

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Total 84 Questions | Updated On: Feb 18, 2025

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Question 1

Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A : require complete

B : allow partial

C : allow complete

D : require partial

Answer: A,B

Question 2

Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

A : allocates the SSP to various satisfaction events

B : creates the accounting for the stages in the process

C : allocates the SSP to various performance obligations

D : recognizes revenue if any satisfaction events exist

E : creates customer contracts and performance obligations

Answer: B

Question 3

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.

Answer: A

Question 4

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

A : Revenue Management can only integrate to Fusion Receivables.

B : You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

C : You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.

D : You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.

Answer: A,D

Question 5

You define a Contract Identification Rule that uses the following source document attributes to match

transaction lines:

Bill-to Customer Party Identifier

Extensible Header Character Attribute 4

Based the data displayed:

How many contracts will be created In Revenue Management?

A : 3

B : 1

C : 5

D : 0

E : 4

Answer: A

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Total 84 Questions | Updated On: Feb 18, 2025

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