Online Access Free 1Z1-1059 Exam Questions

Which is NOT a predefined Accounting Class for Revenue Management?

• A.Contract Unearned Revenue
• B.Contract Asset
• C.Contract Discount
• D.Contract Liability

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

• A.Source Document Unique Identifier Number 1
• B.Date of Source Document
• C.Record Type
• D.Source System
• E.Currency code of source document
• F.Source Document Type code

What does the creation of an allocation allow you to determine?

• A.the ability not to revise previously reported revenue for revision, corrections, and other changes
• B.an allocation of the expected consideration over the performance obligations as if you had sold them separately
• C.the maximum amount of revenue you can recognize soonest, postponing the minimum until later
• D.the fair value of each performance obligation

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
In addition to the SSP Value (price) and Currency, which two are required?

• A.SSP Type
• B.Item Identifier
• C.Unit of Measure
• D.Pricing Dimension
• E.Performance Obligation Template

The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

• A.Oracle General Ledger
• B.Oracle Subledger Accounting
• C.Oracle Revenue Management Cloud
• D.Oracle Receivables