Oracle 1Z0-1059-24 Practice Questions| TestInsights

Question 1

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?

ACustomer Contract Source Documents Import

BCustomer Sales Source Data Import

CCustomer Contract Source Data Import

DCustomer Sales Data Source Documents Import

Correct : C

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ACustomer Contract Source Documents Import

BCustomer Sales Source Data Import

CCustomer Contract Source Data Import

DCustomer Sales Data Source Documents Import

Question 2

A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

1Z0-1059-24 Exam Question 2 Exhibit 1

Which Price Band Segment Label would be appropriate to use in this case?

AAmount Band

BDeal Size Band

CSet Band

DQuantity Band

Correct : A

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AAmount Band

BDeal Size Band

CSet Band

DQuantity Band

Question 3

What is a Standalone Selling Price (SSP)?

Athe average of your bundled price

Bthe sum of the SSPs of the components

Cthe list price

Dthe price you would use if you sold to a customer separately

Correct : D

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Athe average of your bundled price

Bthe sum of the SSPs of the components

Cthe list price

Dthe price you would use if you sold to a customer separately

Question 4

In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

AIt tracks the difference in a Discount Allocation Account at the contract line level.

BIt tracks the difference in a Write-off Allocation Account at the contract level.

CIt tracks the difference In a Discount Allocation Account at the contract level.

DIt Tracks the difference in a Write-Off Allocation Account at the contract line level.

Correct : A

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AIt tracks the difference in a Discount Allocation Account at the contract line level.

BIt tracks the difference in a Write-off Allocation Account at the contract level.

CIt tracks the difference In a Discount Allocation Account at the contract level.

DIt Tracks the difference in a Write-Off Allocation Account at the contract line level.

Question 5

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

Arequire complete

Ballow partial

Callow complete

Drequire partial

Correct : A, B

https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853

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Arequire complete

Ballow partial

Callow complete

Drequire partial

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