Online Access Free Oracle.1Z0-1059-26.v2026-09-08.q40 Practice Test (Page 2)

1Z0-1059-26 Exam Question 1

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

A.four tabs that store data for the

B.three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

C.two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

D.one tab that stores data for the VRM_SOURCE_DOCUMENTS table

1Z0-1059-26 Exam Question 2

Which is Not a required piece of information when importing contract header information from a source file?

A.Currency code of source document

B.Source Document Type code

C.Source Document Unique Identifier Number 1

D.Source System

E.Record Type

F.Date of source Document

1Z0-1059-26 Exam Question 3

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

A.You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

B.You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

C.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.

D.You value the accrual at estimated consideration and it is a monetary debt.

E.Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

1Z0-1059-26 Exam Question 4

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 line level data.

C.Sales order header level data.

D.Sub contract level details.

1Z0-1059-26 Exam Question 5

Which, when transferred to a customer, allows you to recognize revenue?

A.a shipment

B.a performance obligation

C.promise detail

D.an invoice

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1Z0-1059-26 Exam Question 1

1Z0-1059-26 Exam Question 2

1Z0-1059-26 Exam Question 3

1Z0-1059-26 Exam Question 4

1Z0-1059-26 Exam Question 5

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