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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

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 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

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.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q47-Q52):

NEW QUESTION # 47
Which statement Is True regarding the Customer Contract Source Data Import Template?

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

Answer: C

NEW QUESTION # 48
At which level does Oracle Revenue management perform accounting?

A. Performance obligation level
B. Legal entity level
C. Contract level

Answer: A

NEW QUESTION # 49
Given 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?

A. Run the Deploy System Options process.
B. Map the EBS Chart of Accounts to the Cloud General Ledger.
C. Apply appropriate patches to EBS.
D. Set the System Options in EBS Receivables on the Revenue Management tab.
E. Set the Profile Option AR: Source System Value for Revenue Management.

Answer: A,B

NEW QUESTION # 50
You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?

A. 0
B. 1
C. 2
D. 3
E. 4

Answer: E

NEW QUESTION # 51
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A. The contract is missing Billing data.
B. The total Transaction Price is over the user-defined threshold amount.
C. The contract is missing standalone selling prices at the promised detail level or at obligation level.
D. The contract is missing satisfaction events.

Answer: B

Explanation:
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.

NEW QUESTION # 52
......

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