1Z0-1059-24 RELIABLE TEST PREPARATION | LATEST 1Z0-1059-24 EXAM TOPICS

1Z0-1059-24 Reliable Test Preparation | Latest 1Z0-1059-24 Exam Topics

1Z0-1059-24 Reliable Test Preparation | Latest 1Z0-1059-24 Exam Topics

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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 3
  • 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 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
  • 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.

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Latest 1Z0-1059-24 Exam Topics | 1Z0-1059-24 Valid Braindumps Questions

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q61-Q66):

NEW QUESTION # 61
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

  • A. Revenue Management can only integrate to Fusion Receivables.
  • B. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.
  • C. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.
  • D. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

Answer: A,C


NEW QUESTION # 62
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?

  • A. Identify Customer Contract Based on Party
  • B. Identify Customer Contract Based on Source Document
  • C. Identify Customer Contract Based on Source Document Line
  • D. Identify Customer Contract Based on Source System

Answer: B


NEW QUESTION # 63
At which level does Oracle Revenue management perform accounting?

  • A. Legal entity level
  • B. Performance obligation level
  • C. Contract level

Answer: B


NEW QUESTION # 64
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

  • A. 10 User Extensible Fields
  • B. 50 User Extensible Fields
  • C. 90 User Extensible Fields
  • D. 60 User Extensible Fields

Answer: A


NEW QUESTION # 65
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

  • A. multiple accounting representations
  • B. General Ledger journal creation
  • C. stand-alone selling price derivation
  • D. centralized accounting solution
  • E. revaluation of assets and liabilities
  • F. General Ledger account derivation based on predefined events

Answer: A,B,E


NEW QUESTION # 66
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