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2026 100% Free 1Z0-1059-24–Valid 100% Free Latest Exam | 1Z0-1059-24 Latest Test
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Oracle 1Z0-1059-24 Exam Syllabus Topics:| Topic | Details | | Topic 1 | - Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.
| | Topic 2 | - Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
| | Topic 3 | - Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
| | Topic 4 | - Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
| | Topic 5 | - Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
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1Z0-1059-24 Latest Test Cost - Online 1Z0-1059-24 Training MaterialsThe study material to get Oracle Revenue Management Cloud Service 2024 Implementation Professional should be according to individual's learning style and experience. Real Oracle 1Z0-1059-24 Exam Questions certification makes you more dedicated and professional as it will provide you complete information required to work within a professional working environment. These questions will familiarize you with the 1Z0-1059-24 Exam Format and the content that will be covered in the actual test. You will not get a passing score if you rely on outdated practice questions.
Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q55-Q60):NEW QUESTION # 55
A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
- A. a pricing dimension structure instance
- B. a pricing dimension structure
- C. pricing bands
- D. the source document types
Answer: C
NEW QUESTION # 56
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?
- A. Item Identifier
- B. Reason
- C. SSP Type
- D. Tolerance ranges
- E. Performance Obligation Template
- F. Pricing Dimension
Answer: C,D,F
NEW QUESTION # 57
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?
- A. when the product is shipped on 15-Sep-2017
- B. when the sales order Is booked on 14-Sep-2017
- C. when the consultant is deployed to assist customer on 10-Sep-2017
- D. when an invoice is issued on 20-Sep-2017
Answer: C
NEW QUESTION # 58
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. Ignore the performance obligation for the toaster because it was free of cost to the customer.
- B. Define an adhoc rule in the Revenue Price Profile to include the toaster.
- C. Create the performance obligation for the toaster manually.
- D. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
Answer: D
NEW QUESTION # 59
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?
- A. Standalone Selling Prices Allocated
- B. Initial Performance
- C. Revenue Recognized
- D. Performance Obligation Satisfied
- E. Performance Obligation Billed
Answer: B,C,D
NEW QUESTION # 60
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