Updated Oracle 1Z0-1059-24 Questions - Effortless Solution To Pass Exam

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Posted on: 06/14/25

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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 4	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 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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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q43-Q48):

NEW QUESTION # 43
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. Source Document Type
B. Freeze Period
C. Priority
D. Default Classification

Answer: C

NEW QUESTION # 44
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

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

Answer: C,D,F

NEW QUESTION # 45
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

A. when a pricing dimension structure Instance Is enabled for pricing bands
B. when a source document type is enabled to use pricing bands
C. when a pricing dimension structure is enabled for pricing bands
D. when a value set segment label of Set Band is used

Answer: C

NEW QUESTION # 46
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

A. By defining a Performance Obligation Template.
B. By defining a Standalone Selling Price Profile.
C. By defining a Revenue Item Group
D. By defining a Contact Identification Rule.

Answer: C

NEW QUESTION # 47
What is a Standalone Selling Price (SSP)?

A. the sum of the SSPs of the components
B. the average of your bundled price
C. the list price
D. the price you would use if you sold to a customer separately

Answer: D

NEW QUESTION # 48
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Updated Oracle 1Z0-1059-24 Questions - Effortless Solution To Pass Exam

Oracle 1Z0-1059-24 Exam Syllabus Topics:

Free PDF 2025 The Best Oracle Latest 1Z0-1059-24 Exam Experience

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q43-Q48):

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