This page was exported from IT Certification Exam Braindumps [ http://blog.braindumpsit.com ] Export date:Sun Oct 6 18:18:09 2024 / +0000 GMT ___________________________________________________ Title: The Best Practice Test Preparation for the 1z0-1059-22 Certification Exam [Q14-Q28] --------------------------------------------------- The Best Practice Test Preparation for the 1z0-1059-22 Certification Exam 1z0-1059-22 Exam Dumps, Practice Test Questions BUNDLE PACK The Oracle 1z0-1059-22 certification exam is designed for individuals who want to showcase their knowledge and skills in implementing Oracle Revenue Management Cloud Service 2022. This certification exam is ideal for professionals who want to take their career to the next level by demonstrating their expertise in this field.   NEW QUESTION 14When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when youconsider that recognition depends on the nature of the contingency? (Choose two)  Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized  Time-based contingencies must not expire before the contingency can be removed and revenue recognized  Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet  Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expirationmust occur before the contingency can be removed and the order can be imported into Receivables for invoicing.  Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized. NEW QUESTION 15Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?  Apply appropriate patches to EBS.  Run the Deploy System Options process.  Set the Profile Option AR: Source System Value for Revenue Management.  Map the EBS Chart of Accounts to the Cloud General Ledger.  Set the System Options in EBS Receivables on the Revenue Management tab. NEW QUESTION 16If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?  Delete the source data that was imported into Revenue Management and import new source data.  Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.  Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.  Delete Contracts from the Manage Customer Contracts Ul.  Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again. NEW QUESTION 17How can you access an implementation task in Functional Setup Manager. (choose 3)  By navigating from the Implementation Project  By navigation to an offering’s functional area  By navigating from the Welcome Springboard  By searching NEW QUESTION 18One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.What is the name of this spreadsheet template?  Customer Contract Source Documents Import  Customer Sales Source Data Import  Customer Contract Source Data Import  Customer Sales Data Source Documents Import NEW QUESTION 19Given 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?  60 User Extensible Fields  10 User Extensible Fields  90 User Extensible Fields  50 User Extensible Fields NEW QUESTION 20What is the correct match sequence of the descriptions A, B and C against the titles?  B, C, A  A, C, B  C, B, A  C, A, B  A, B, C  B, A, C NEW QUESTION 21Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?  Contract Asset  Contract Price Variance  Contract Liability  Contract Revenue  Contract Expense  Contract Clearing NEW QUESTION 22The 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?  HTML  PowerPoint  Flat File  PDF NEW QUESTION 23You define a Contract Identification Rule that uses the following source document attributes to matchtransaction lines:Bill-to Customer Party IdentifierExtensible Header Character Attribute 4Based the data displayed:How many contracts will be created In Revenue Management?  3  1  5  0  4 NEW QUESTION 24Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?  These accounts are optional in Revenue Management.  If nonexistent, these accounts need to be added to the chart of accounts.  If nonexistent, these accounts are added automatically to the chart of accounts.  These accounts are not relevant to Revenue Management. NEW QUESTION 25Which is the following is NOT a feature of personalization  Selecting default language  Changing text font  Saving searches  Configuring table columns NEW QUESTION 26How many tabs does the Customer Contract Source Data Import Template have?  four tabs that store data for theVRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively  three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively  two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively  one tab that stores data for the VRM_SOURCE_DOCUMENTS table 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 detailsNEW QUESTION 27Why Is Satisfaction Method a key element of a Performance Obligation?  because it determines whether revenue for a good or service is recognized Over Time or Point in Time  because it calculates the amount of Total Transaction Price allocated to date  because it calculates the percentage of Total Transaction Price allocated to date  because it specifies whether revenue has been fully or partially recognized for a good or service NEW QUESTION 28A corporation uses a primary ledger with a currency of USD. The organization’s data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.Which two options are available In Revenue Management to convert transaction amounts to the USD currency?  Select Conversion Rate Type in the Source Document Type setup.  Run the Revenue Management translation process.  Enter Conversion Rate Type in System Options.  Provide currency conversion details in the Revenue Basis Data Import Template.  Enter exchange rate information in Standalone Selling Price Profile.  Loading … Prepare for the Actual Revenue Management Cloud 1z0-1059-22 Exam Practice Materials Collection: https://www.braindumpsit.com/1z0-1059-22_real-exam.html --------------------------------------------------- Images: https://blog.braindumpsit.com/wp-content/plugins/watu/loading.gif https://blog.braindumpsit.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-04-11 11:46:18 Post date GMT: 2023-04-11 11:46:18 Post modified date: 2023-04-11 11:46:18 Post modified date GMT: 2023-04-11 11:46:18