Oracle 1Z0-1059-24 Latest Dumps Pdf & Exam 1Z0-1059-24 Outline
Oracle 1Z0-1059-24 Latest Dumps Pdf & Exam 1Z0-1059-24 Outline
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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q42-Q47):
NEW QUESTION # 42
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
- A. Reject line
- B. Preserve contract
- C. Reverse line
- D. Reject contract
- E. Void contract
Answer: A,D
Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm
NEW QUESTION # 43
Which, when transferred to a customer, allows you to recognize revenue?
- A. a performance obligation
- B. a shipment
- C. promise detail
- D. an invoice
Answer: A
NEW QUESTION # 44
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 on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
- 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 a grouping rule on the customer class
- E. By defining an item group and assigning that to the rule
Answer: A
NEW QUESTION # 45
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. stand-alone selling price assigned to the promised detail line
- B. transaction price distributed to each performance obligation
- C. transaction price derived from the source system line import
- D. revenue recognized for each performance obligation
Answer: B
NEW QUESTION # 46
Which statement is NOT applicable to Performance Obligation Templates?
- A. Performance Obligation Templates are specific to the business and cannot be predefined.
- B. Oracle delivers three predefined Performance Obligation Templates,
- C. Performance Obligation Templates take precedence over Performance Obligation Rules.
- D. Performance Obligation Templates can be associated to a Revenue Price Profile.
Answer: B
NEW QUESTION # 47
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