Questions for the 1Z0-1059-21 were updated on : Sep 01 ,2024
Which two are intended uses for the Standalone Selling Price Report Dashboard?
B, E
Reference:
https://cloud.oracle.com/opc/saas/RevMgmt/r13/nfs/r13-revenue-nfs.pdf
(p.4)
Which three tasks can be performed In the Revenue Management Work Area?
B, C, D
How many tabs does the Customer Contract Source Data Import Template have?
B
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
Which, when transferred to a customer, allows you to recognize revenue?
B
Reference:
https://docs.oracle.com/cloud/r13_update17b/financialscs_gs/FAFRM/FAFRM2462439.htm
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section
in the Manage Revenue Management System Options page?
A, D
What is a contract modification?
A
Reference:
https://docs.oracle.com/en/cloud/saas/financials/r13-update17d/fafrm/manage-revenue-management.html#FAFRM2684195
Which three attributes are helpful in defining a Contract Identification Rule?
A, B, C
Which is NOT a required piece of information when importing contract header Information from a
source file?
F
Reference:
https://docs.oracle.com/cloud/r13_update17b/financialscs_gs/FAFRM/FAFRM2340000.htm#FAFRM
2340000
Why are Source Document Type Codes required when defining Source Document Types?
B
A pricing dimension segment value combination is one of the factors to determine standalone selling
prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
A
Which is a term under ASC 606 or IFRS 15?
A
Reference:
https://cloud.oracle.com/_downloads/Datasheet_Financials_3_RevenueMgmt/Revenue_Manageme
nt_Datasheet.pdf
Which setup component Is NOT connected to a Revenue Price Profile?
C
The predefined Revenue Contract Account Activities Report provides data extracted from which two
sources?
A, D
Reference:
https://docs.oracle.com/cloud/r13_update17c/financialscs_gs/OCUAR/OCUAR1559322.htm#OCUAR
1559322
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one
place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items
or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
A, B, C
A Corporation has a business requirement to build a custom Revenue Management report that users
could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
B