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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 4	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.
Topic 5	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.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q83-Q88):

NEW QUESTION # 83
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C.
You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?

A. Default Classification
B. Priority
C. Source Document Type
D. Freeze Period

Answer: B

NEW QUESTION # 84
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

A. when the Deferred Revenue box is checked
B. when it is a business requirement
C. when Context Values are populated
D. when the Type is Fixed or Variable

Answer: D

NEW QUESTION # 85
Which configuration component is Source Document Type NOT connected to?

A. Performance Obligation Identification Rules
B. Revenue Price Profile
C. Performance Obligation Template
D. Contract Identification Rules
E. Revenue Management System Options

Answer: B

NEW QUESTION # 86
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

A. PDF
B. Flat File
C. PowerPoint
D. HTML

Answer: B

NEW QUESTION # 87
Which three tasks are associated with defining a Pricing Dimension Structure?

A. Include user friendly prompts for each segment.
B. Assign required segment labels to each segment.
C. Analyze pricing policies across products and services.
D. Create multiple instances for a given Pricing Dimension Structure.
E. Define up to 30 segments and name them.
F. Define up to 20 segments and name them.

Answer: B,C,E

NEW QUESTION # 88
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1Z0-1059-24 Latest Test Discount | New 1Z0-1059-24 Test Bootcamp

Oracle 1Z0-1059-24 Exam Syllabus Topics:

Free PDF Quiz 1Z0-1059-24 - Oracle Revenue Management Cloud Service 2024 Implementation Professional Authoritative Latest Test Discount

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q83-Q88):

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