WHY DO PEOPLE NEED TO ACHIEVE THE ORACLE 1Z0-1059-24 CERTIFICATION?

Why Do People Need to Achieve the Oracle 1Z0-1059-24 Certification?

Why Do People Need to Achieve the Oracle 1Z0-1059-24 Certification?

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q44-Q49):

NEW QUESTION # 44
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

  • A. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
  • B. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
  • C. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
  • D. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.

Answer: A


NEW QUESTION # 45
How many tabs does the Customer Contract Source Data Import Template have?

  • A. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
  • B. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
  • C. four tabs that store data for the
  • D. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

Answer: D

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


NEW QUESTION # 46
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

  • A. You value the accrual at estimated consideration and it is a monetary debt.
  • B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
  • C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
  • D. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
  • E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

Answer: D


NEW QUESTION # 47
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?

  • A. Performance obligation satisfaction event details.
  • B. Sales order header level data.
  • C. Sales order line level data.
  • D. Sub contract level details.

Answer: A


NEW QUESTION # 48
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 Query Required option
  • B. the Displayed option
  • C. the value sets
  • D. the shape: Same number of segments and order
  • E. whether Dynamic Combination Creation Allowed is enabled

Answer: D,E


NEW QUESTION # 49
......

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