Printable PDFOracle 1Z0-1059-21 dumps - 100% Pass Guarantee!
Vendor: Oracle
Certifications: Enterprise Resource Planning (ERP)
Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Exam Code: 1Z0-1059-21
Total Questions: 75 Q&As ( View Details)
Last Updated: Apr 15, 2024
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1Z0-1059-21 Q&A's Detail
| Exam Code: | 1Z0-1059-21 |
| Total Questions: | 75 |
| Single & Multiple Choice | 75 |
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1Z0-1059-21 Online Practice Questions and Answers
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?
A. Identify Customer Contract Based on Party
B. Identify Customer Contract Based on Source Document Line
C. Identify Customer Contract Based on Source Document
D. Identify Customer Contract Based on Source System
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
A. Close the previous period.
B. Review the calculated OSSP.
C. Categorize standalone sales by performance obligation.
D. Approve the OSSP by establishing it.
E. Run the Calculate Observed Standalone Selling Prices program.
F. Run Create Accounting.
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?
A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
D. Run the Calculate Observed Standalone Selling Prices program to derive prices.
65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?
A. By defining a grouping rule on the customer class
B. By defining an exclusion rule to exclude customer classes that are "Retail"
C. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
D. By defining an item group and assigning that to the rule
E. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
Which three statements about Effective Periods are true?
A. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
B. Effective Periods are used for standalone selling prices and for creating journal entries.
C. Gaps between periods are not allowed
D. You cannot have overlapping periods.
E. Effective Periods only define the rage where standalone selling prices of an item should be effective.
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