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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 4	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.
Topic 5	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.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
Which method is used to allocate total transaction price across performance obligations in Revenue Management?

A. Relative Allocation Method
B. Residual Allocation Method
C. Alternative Allocation Method
D. Inverted Allocation Method
E. Two Step Allocation Method

Answer: E

NEW QUESTION # 34
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A. allow complete
B. require complete
C. require partial
D. allow partial

Answer: B,D

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853

NEW QUESTION # 35
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A. Standalone Selling Prices Allocated
B. Performance Obligation Billed
C. Revenue Recognized
D. Initial Performance
E. Performance Obligation Satisfied

Answer: C,D,E

NEW QUESTION # 36
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?

A. The shape: Same nunmber of segments and order
B. The value sets
C. The Query Required option
D. The Displayed option
E. Wether Dynamic Combination Creation Allowed is enabled

Answer: A,B

NEW QUESTION # 37
Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a custom template that you are required to build.
B. It Is a predefined HTML FBDI template.
C. It is a predefined Excel FBDI template.
D. It is a predefined Java FBDI template.

Answer: C

NEW QUESTION # 38
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REAL 1Z0-1059-24 TORRENT - FREE PDF ORACLE - 1Z0-1059-24 FIRST-GRADE MOST RELIABLE QUESTIONS

Real 1Z0-1059-24 Torrent - Free PDF Oracle - 1Z0-1059-24 First-grade Most Reliable Questions