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Oracle 1Z0-1059-21 Exam

Certification Provider: Oracle
Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Duration: 90 Minutes
Number of questions in our database: 84
Exam Version: Sep. 20, 2021
1Z0-1059-21 Exam Official Topics:
  • Topic 1: Configure and Manage Standalone Selling Prices/ Revenue Management Overview
  • Topic 2: Explain Contracts, Performance Obligations and Contract Maintenance/ Explain how to create OTBI reporting objects
  • Topic 3: Describe Revenue Management Integration Requirements/ Analyze Accounting in Revenue Management
  • Topic 4: Standalone Selling Price and Related Configurations/ Configure The Revenue Management Application
  • Topic 5: Describe The Revenue Management User Interface/ Revenue Management Setups
  • Topic 6: Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
  • Topic 7: Process Customer Contract Source Documents/ Use Delivered Reports
  • Topic 8: Revenue Management Reporting/ Revenue Contracts/ Load Data Using FBDI Templates

Free Oracle 1Z0-1059-21 Exam Actual Questions

The questions for 1Z0-1059-21 were last updated On Sep. 20, 2021

Question #1

You define a Contract Identification Rule that uses the following source document attributes to match

transaction lines:

Bill-to Customer Party Identifier

Extensible Header Character Attribute 4

Based the data displayed:

How many contracts will be created In Revenue Management?

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Correct Answer: A

Question #2

The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

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Correct Answer: B

Question #3

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?

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Correct Answer: D

Question #4

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?

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Correct Answer: B

Question #5

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.

Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

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Correct Answer: B, E, F

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