[Q25-Q47] Get New 2026 Oracle 1Z0-1059-24 Exam Dumps Bundle On flat Updated Dumps!

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Get New 2026 Oracle exam 1Z0-1059-24 Dumps Bundle On flat Updated Dumps!

Full 1Z0-1059-24 Practice Test and 85 unique questions with explanations waiting just for you, get it now!

QUESTION 25
Which setup Is required to enable integration between Order Management and Revenue Management?

Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

Add Order Management in the Manage Trading Community Source Systems page.

Create custom program to extract sales order and fulfillment data from Order Management.

Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.

Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

QUESTION 26
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

stand-alone selling price assigned to the promised detail line

transaction price distributed to each performance obligation

transaction price derived from the source system line import

revenue recognized for each performance obligation

QUESTION 27
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.

Navigate to the “Manage Standalone Selling Profiles” page and enter estimated prices manually for a given profile In the browser user Interface.

Navigate to the “Manage Standalone Selling Profiles” page and download spreadsheet template to enter estimated prices manually.

Run the Calculate Observed Standalone Selling Prices program to derive prices.

Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.

Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.

QUESTION 28
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

Create a reporting ledger.

Create a new primary ledger.

Create a secondary ledger.

Using their existing primary ledger.

QUESTION 29
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?

Freeze Period

Default Classification

Source Document Type

Priority

QUESTION 30
Which method is used to allocate total transaction price across performance obligations in Revenue Management?

Inverted Allocation Method

Residual Allocation Method

Relative Allocation Method

Two Step Allocation Method

Alternative Allocation Method

QUESTION 31
Which two are intended uses for the Standalone Selling Price Report Dashboard?

Review performance obligations by effective period.

Diagnose revenue price profile.

Drill down to data used to derive standalone selling prices.

Monitor transaction price calculation and allocation.

Analyze standalone selling prices for one or multiple effective periods.

QUESTION 32
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

when the Deferred Revenue box is checked

when it is a business requirement

when Context Values are populated

when the Type is Fixed or Variable

QUESTION 33
If 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.

QUESTION 34
What is a contract modification?

a change to the contract caused by negotiation with the customer

a revision or correction to the estimate of variable consideration made at inception

a change (modification) to the contract data

an increase or decrease in expected collectability

QUESTION 35
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

QUESTION 36
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

Suppliers

Business Units

Customers

Inventory items

Receivables configurations

Banks, branches and bank accounts

QUESTION 37
How many tabs does the Customer Contract Source Data Import Template have?

four tabs that store data for the

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 details

QUESTION 38
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

Infolets

Dashboards

Infotile

Analysis

QUESTION 39
What 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

QUESTION 40
A 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.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

Create source document types specifically for Euro documents.

Populate exchange rates in Revenue Price Profile.

Populate Conversion Rate Type in System Options.

Create revenue prices in the Euro currency.

https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348

QUESTION 41
What does the creation of an allocation allow you to determine?

the ability not to revise previously reported revenue for revision, corrections, and other changes

the fair value of each performance obligation

the maximum amount of revenue you can recognize soonest, postponing the minimum until later

an allocation of the expected consideration over the performance obligations as if you had sold them separately

https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm

QUESTION 42
The 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

QUESTION 43
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?

By defining a Revenue Item Group

By defining a Standalone Selling Price Profile.

By defining a Performance Obligation Template.

By defining a Contact Identification Rule.

QUESTION 44
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?