1Z0-1059-21 Exam Questions & Answers

Exam Code: 1Z0-1059-21

Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials

Updated: Nov 24, 2023

Q&As: 74

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Practice These Free Questions and Answers to Pass the Enterprise Resource Planning (ERP) Exam

Questions 1

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.

Show Answer
Questions 2

The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A. Oracle Revenue Management Cloud

B. Oracle Receivables

C. Oracle General Ledger

D. Oracle Subledger Accounting

Show Answer
Questions 3

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?

A. Wether Dynamic Combination Creation Allowed is enabled

B. The value sets

C. The Query Required option

D. The Displayed option

E. The shape: Same nunmber of segments and order

Show Answer
Questions 4

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.

In addition to the SSP Value (price) and Currency, which two are required?

A. SSP Type

B. Pricing Dimension

C. Performance Obligation Template

D. Unit of Measure

E. Item Identifier

Show Answer
Questions 5

Which two are intended uses for the Standalone Selling Price Report Dashboard?

A. Review performance obligations by effective period.

B. Diagnose revenue price profile.

C. Drill down to data used to derive standalone selling prices.

D. Monitor transaction price calculation and allocation.

E. Analyze standalone selling prices for one or multiple effective periods.

Show Answer

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