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Note! 1z0-1059-22 has been withdrawn. The new exam code is 1z0-1059-24

Practice Free 1z0-1059-22 Oracle Revenue Management Cloud Service 2022 Implementation Professional Exam Questions Answers With Explanation

We at Crack4sure are committed to giving students who are preparing for the Oracle 1z0-1059-22 Exam the most current and reliable questions . To help people study, we've made some of our Oracle Revenue Management Cloud Service 2022 Implementation Professional exam materials available for free to everyone. You can take the Free 1z0-1059-22 Practice Test as many times as you want. The answers to the practice questions are given, and each answer is explained.

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Question # 6

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which IsNOTa predefined Accounting Class?

A.

Contract Asset

B.

Contract Price Variance

C.

Contract Liability

D.

Contract Revenue

E.

Contract Expense

F.

Contract Clearing

Question # 7

Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

A.

Void contract

B.

Preserve contract

C.

Reject line

D.

Reverse line

E.

Reject contract

Question # 8

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

A.

Source System

B.

Source Document Type code

C.

RecordType

D.

Currency code of source document

E.

Source Document Unique Identifier Number 1

F.

Date of source Document

Question # 9

What is a Performance Obligation?

A.

a combination of customer type and product code

B.

a product code or SKU

C.

a promise to a customer on which either party has acted

D.

a promise to a customer

Question # 10

Your customerships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would

you configure Satisfaction Method (SM) and SatisfactionMeasurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

A.

by setting SM to "Allow Partial" and SMM to "Quantity"

B.

by setting SM to "Requires Complete" and SMM to "Period"

C.

by setting SMto "Requires Complete" and SMM to "Quantity"

D.

by setting SM to "Requires Complete" and SMM to "Percent"

E.

by setting SM to "Allow Partial" and SMM to "Period"

Question # 11

When is it required to populate a value forPerformance Satisfaction PlanIn a Source Document Type?

1z0-1059-22 question answer

A.

when the Satisfaction Measurement Model is set to Amount

B.

when the SatisfactionMeasurement Model is set to Period

C.

when the Satisfaction Measurement Model is set to Quantity

D.

when the Satisfaction Measurement Model Is set to Percentage

Question # 12

Which method is used to allocate total transaction price across performanceobligations in Revenue Management?

A.

Inverted Allocation Method

B.

Residual Allocation Method

C.

Relative Allocation Method

D.

Two Step Allocation Method

E.

Alternative Allocation Method