[PDF] Top 5 Tips to Crack Oracle 1Z0-1059-20 Certification Exam

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4. 1Z0-1059-20 Certification Detail Exam Code 1Z0-1059-20 Full Exam Name Oracle Revenue Management Cloud Service 2020 Implementation Essentials 55 Number of Questions Practice Exams 1Z0-1059-20 Online Practice Exam Passing Score 64% Time Limit 85 minutes Recommended Training Oracle Financials Cloud Learning Subscription

5. Syllabus Topics for Oracle 1Z0-1059-20 Exam Topic Name Revenue Management Overview Standalone Selling Prices Revenue Management Reporting Revenue Management Setup and Configuration Revenue Contracts

6. Oracle 1Z0-1059-20 Exam Questions ?

7. 01. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources? Option a) Oracle Revenue Management Cloud b) Oracle Receivables c) Oracle General Ledger d) Oracle Subledger Accounting

8. ANSWER a) Oracle Revenue Management Cloud c) Oracle General Ledger

9. 02. Which setup component Is NOT connected to a Revenue Price Profile? Option a) Contract Identification Rules b) Items c) Source Document Types d) Pricing Dimension Segments

10. ANSWER a) Contract Identification Rules

11. 03. What does the creation of an allocation allow you to determine? Option a) the fair value of each performance obligation b) the ability not to revise previously reported revenue for revision, corrections, and other changes c) the maximum amount of revenue you can recognize soonest, postponing the minimum until later d) an allocation of the expected consideration over the performance obligations as if you had sold them separately

12. ANSWER a) the fair value of each performance obligation

13. 04. Which three statements about Effective Periods are true? Option 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.

14. ANSWER 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.

15. 05. Why are Source Document Type Codes required when defining Source Document Types? Option a) Because they are Revenue Management Descriptive Flexfields. b) Because they are needed for integration with Product Management. c) Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes. d) Because they provide uniqueness to the Source Document Types.

16. ANSWER d) Because they provide uniqueness to the Source Document Types.

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