100% Pass Quiz Oracle - 1Z0-1059-24 - Perfect Study Oracle Revenue Management Cloud Service 2024 Implementation Professional Reference
100% Pass Quiz Oracle - 1Z0-1059-24 - Perfect Study Oracle Revenue Management Cloud Service 2024 Implementation Professional Reference
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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q34-Q39):
NEW QUESTION # 34
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?
- A. These accounts are not relevant to Revenue Management.
- B. These accounts are optional in Revenue Management.
- C. If nonexistent, these accounts need to be added to the chart of accounts.
- D. If nonexistent, these accounts are added automatically to the chart of accounts.
Answer: D
NEW QUESTION # 35
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. Daily Revenue Rate
- B. Fixed Schedule
- C. Partial Schedule
- D. Variable Schedule
- E. Daily Revenue Rate, Partial Periods
- F. Daily Revenue Rate, All Periods
Answer: B
NEW QUESTION # 36
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?
- A. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
- B. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
- C. Run the Calculate Observed Standalone Selling Prices program to derive prices.
- D. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
Answer: C
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/OEDMF/VRM_CUSTOMER_CONTRACT_HEADERS_tbl.htm
NEW QUESTION # 37
How many tabs does the Customer Contract Source Data Import Template have?
- A. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
- B. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
- C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
- D. four tabs that store data for the
VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively
Answer: A
Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details
NEW QUESTION # 38
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......
What is the difference between Selling Amount and Allocated Amount?
- A. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
- B. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
- C. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
- D. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
Answer: B
NEW QUESTION # 39
......
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