Perfect Latest 1Z0-1059-24 Exam Question - Win Your Oracle Certificate with Top Score

If you want to pass the 1Z0-1059-24 exam and get the related certification in the shortest time, choosing the 1Z0-1059-24 training materials from our company will be in the best interests of all people. We can make sure that it will be very easy for you to pass your 1Z0-1059-24 exam and get the related certification in the shortest time that beyond your imagination. You can know the instructions on the 1Z0-1059-24 Certification Training materials from our web. And you can also free download the demo of our 1Z0-1059-24 exam questions to check before your payment.

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.

>> Latest 1Z0-1059-24 Exam Question <<

1Z0-1059-24 Latest Dumps Book - Real 1Z0-1059-24 Questions

If you have interests with our 1Z0-1059-24 practice materials, we prefer to tell that we have contacted with many former buyers of our 1Z0-1059-24 exam questions and they all talked about the importance of effective 1Z0-1059-24 practice material playing a crucial role in your preparation process. Our 1Z0-1059-24 practice materials keep exam candidates motivated and efficient with useful content based wholly on the real 1Z0-1059-24 guide materials. There are totally three versions of 1Z0-1059-24 practice materials which are the most suitable versions for you: pdf, software and app versions.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q15-Q20):

NEW QUESTION # 15
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A. Fixed Schedule
B. Daily Revenue Rate, All Periods
C. Partial Schedule
D. Daily Revenue Rate, Partial Periods
E. Variable Schedule
F. Daily Revenue Rate

Answer: A

NEW QUESTION # 16
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. Categorize standalone sales by performance obligation.
B. Close the previous period.
C. Run Create Accounting.
D. Approve the OSSP by establishing it.
E. Review the calculated OSSP.
F. Run the Calculate Observed Standalone Selling Prices program.

Answer: A,F

NEW QUESTION # 17
When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)

A. Time-based contingencies must not expire before the contingency can be removed and revenue recognized
B. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
D. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.
E. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

Answer: D,E

NEW QUESTION # 18
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. Revenue Recognized
B. Performance Obligation Billed
C. Performance Obligation Satisfied
D. Standalone Selling Prices Allocated
E. Initial Performance

Answer: A,C,E

NEW QUESTION # 19
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A. The contract is missing standalone selling prices at the promised detail level or at obligation level.
B. The contract is missing Billing data.
C. The contract is missing satisfaction events.
D. The total Transaction Price is over the user-defined threshold amount.

Answer: D

Explanation:
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.

NEW QUESTION # 20
......

Do you want to succeed? Do you want to stand out? Come to choose our products. We are trying our best to offer excellent 1Z0-1059-24 practice test materials several years. If you choose our products, you can go through the exams and get a valid certification so that you get a great advantage with our Oracle 1Z0-1059-24 Practice Test materials. If you apply for a good position, a Oracle Cloud will be useful. If you are willing, our 1Z0-1059-24 practice test files will bring you to a new step and a better nice future.

1Z0-1059-24 Latest Dumps Book: https://www.real4prep.com/1Z0-1059-24-exam.html