Online Access Free 1Z0-1059-26 Exam Questions

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

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

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

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?

• A.Create a reporting ledger.
• B.Create a secondary ledger.
• C.Using their existing primary ledger.
• D.Create a new primary ledger.

A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?

• A.Create the performance obligation for the toaster manually.
• B.Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
• C.Define an adhoc rule in the Revenue Price Profile to include the toaster.
• D.Ignore the performance obligation for the toaster because it was free of cost to the customer.

Which is NOT a Price Band Type?

• A.Percentage Band
• B.Quantity Band
• C.Amount Band
• D.Set Band