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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

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 4

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 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.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q23-Q28):

NEW QUESTION # 23
Which statement Is True regarding the Customer Contract Source Data Import Template?

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

Answer: A

NEW QUESTION # 24
Which three tasks are associated with defining a Pricing Dimension Structure?

A. Define up to 30 segments and name them.
B. Create multiple instances for a given Pricing Dimension Structure.
C. Assign required segment labels to each segment.
D. Include user friendly prompts for each segment.
E. Define up to 20 segments and name them.
F. Analyze pricing policies across products and services.

Answer: A,C,F

NEW QUESTION # 25
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?

A. Priority
B. Default Classification
C. Freeze Period
D. Source Document Type

Answer: A

NEW QUESTION # 26
Which setup Is required to enable integration between Order Management and Revenue Management?

A. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
B. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
C. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
D. Create custom program to extract sales order and fulfillment data from Order Management.
E. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
F. Add Order Management in the Manage Trading Community Source Systems page.

Answer: E

NEW QUESTION # 27
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 value sets
B. the Displayed option
C. the Query Required option
D. the shape: Same number of segments and order
E. whether Dynamic Combination Creation Allowed is enabled

Answer: D,E

NEW QUESTION # 28
......

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