1Z0-1059-24無料問題集「Oracle Revenue Management Cloud Service 2024 Implementation Professional」

質問 1

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）Using their existing primary ledger.

（B）Create a new primary ledger.

（C）Create a reporting ledger.

（D）Create a secondary ledger.

正解：A 解答を投票する

質問 2

Which three attributes are helpful in defining a Contract Identification Rule?

（A）Bill To Customer

（B）Delivery Address

（C）Quote Number

（D）Product Description

（E）Ledger

（F）Business Unit

正解：B、C、D 解答を投票する

質問 3

Which is a term under ASC 606 or IFRS 15?

（A）initial performance event

（B）transaction price

（C）requires complete

（D）promise detail

正解：B 解答を投票する

質問 4

What is a contract modification?

（A）a change to the contract caused by negotiation with the customer

（B）a change (modification) to the contract data

（C）a revision or correction to the estimate of variable consideration made at inception

（D）an increase or decrease in expected collectability

正解：A 解答を投票する

質問 5

Which three statements about Effective Periods are true?

（A）You cannot have overlapping periods.

（B）If effective periods are not defined, Revenue Management uses the General Ledger calendar.

（C）Gaps between periods are not allowed.

（D）Effective Periods are used for standalone selling prices and for creating journal entries.

（E）Effective Periods only define the rage where standalone selling prices of an item should be effective.

正解：A、C、E 解答を投票する

質問 6

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

（A）by allowing manual allocation of Total Transaction Price across performance obligations

（B）by calculating Total Transaction Price for contracts

（C）by restricting users from excluding contract lines

（D）by grouping source document lines intro contracts for each identified customer

（E）by identifying and creating one or more performance obligations for a given accounting contract

（F）by only creating contracts that are source system specific

正解：A、D、F 解答を投票する

質問 7

Why are Source Document Type Codes required when defining Source Document Types?

（A）Because they are needed for integration with Product Management.

（B）Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.

（C）Because they are Revenue Management Descriptive Flexfields.

（D）Because they provide uniqueness to the Source Document Types.

正解：A 解答を投票する

質問 8

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?

（A）Banks, branches and bank accounts

（B）Business Units

（C）Receivables configurations

（D）Customers

（E）Suppliers

（F）Inventory items

正解：B、D、F 解答を投票する

質問 9

A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?

（A）Create the performance obligation for the toaster manually.

（B）Define an adhoc rule in the Revenue Price Profile to include the toaster.

（C）Ignore the performance obligation for the toaster because it was free of cost to the customer.

（D）Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

正解：D 解答を投票する

1Z0-1059-24 無料問題集「Oracle Revenue Management Cloud Service 2024 Implementation Professional」

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