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NEW QUESTION 49
How many tabs does the Customer Contract Source Data Import Template have?
- A. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
- B. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
- C. four tabs that store data for the
VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively - D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
Answer: A
Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details
NEW QUESTION 50
Which is NOT a required piece of information when importing contract header Information from a source file?
- A. Currency code of source document
- B. Record Type
- C. Source System
- D. Date of Source Document
- E. Source Document Unique Identifier Number 1
- F. Source Document Type code
Answer: E
NEW QUESTION 51
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. Sales order line level data.
- B. Performance obligation satisfaction event details.
- C. Sales order header level data.
- D. Sub contract level details.
Answer: B
NEW QUESTION 52
Which is NOT a Price Band Type?
- A. Set Band
- B. Quantity Band
- C. Percentage Band
- D. Amount Band
Answer: C
NEW QUESTION 53
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:
Which Price Band Segment Label would be appropriate to use in this case?
- A. Set Band
- B. Quantity Band
- C. Deal Size Band
- D. Amount Band
Answer: D
NEW QUESTION 54
65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?
- A. By defining an exclusion rule to exclude customer classes that are "Retail"
- B. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
- C. By defining an item group and assigning that to the rule
- D. By defining a grouping rule on the customer class
- E. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
Answer: E
NEW QUESTION 55
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. creates the accounting for the stages in the process
- B. allocates the SSP to various satisfaction events
- C. allocates the SSP to various performance obligations
- D. creates customer contracts and performance obligations
- E. recognizes revenue if any satisfaction events exist
Answer: A
NEW QUESTION 56
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
- A. Reject line
- B. Void contract
- C. Preserve contract
- D. Reject contract
- E. Reverse line
Answer: A,D
NEW QUESTION 57
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?
- A. your debt to customers for goods and services you are obliged to deliver to them by either party acting
- B. Unearned Revenue
- C. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
- D. your invoiced goods and services less those goods and services that you have not yet delivered
Answer: A
NEW QUESTION 58
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Include user friendly prompts for each segment.
- B. Assign required segment labels to each segment.
- C. Analyze pricing policies across products and services.
- D. Define up to 30 segments and name them.
- E. Create multiple instances for a given Pricing Dimension Structure.
- F. Define up to 20 segments and name them.
Answer: B,C,D
NEW QUESTION 59
If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?
- A. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
- B. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
- C. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
- D. Delete Contracts from the Manage Customer Contracts Ul.
- E. Delete the source data that was imported into Revenue Management and import new source data.
Answer: A
NEW QUESTION 60
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
- A. Customers
- B. Banks, branches and bank accounts
- C. Suppliers
- D. Business Units
- E. Inventory items
- F. Receivables configurations
Answer: A,D,E
NEW QUESTION 61
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?
- A. Pricing estimates cannot be used In the absence of pricing data.
- B. Expected consideration value is applicable to all industries.
- C. Revenue and performance obligation liabilities are not dependent on billing.
- D. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
Answer: A,B
NEW QUESTION 62
A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?
- A. Table
- B. Independent
- C. Dependent
- D. Format Only
- E. Subset
Answer: D
NEW QUESTION 63
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
- A. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.
- B. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.
- C. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
- D. Revenue Management can only integrate to Fusion Receivables.
Answer: B,D
NEW QUESTION 64
Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Drill down to data used to derive standalone selling prices.
- B. Monitor transaction price calculation and allocation.
- C. Review performance obligations by effective period.
- D. Analyze standalone selling prices for one or multiple effective periods.
- E. Diagnose revenue price profile.
Answer: D,E
NEW QUESTION 65
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?
- A. Infolets
- B. Dashboards
- C. Analysis
- D. Infotile
Answer: B,C
NEW QUESTION 66
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?
- A. Identify Customer Contract Based on Source System
- B. Identify Customer Contract Based on Source Document
- C. Identify Customer Contract Based on Party
- D. Identify Customer Contract Based on Source Document Line
Answer: B
NEW QUESTION 67
Which is the following is NOT a feature of personalization
- A. Configuring table columns
- B. Changing text font
- C. Saving searches
- D. Selecting default language
Answer: B
NEW QUESTION 68
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. Ignore the performance obligation for the toaster because it was free of cost to the customer.
- B. Create the performance obligation for the toaster manually.
- C. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
- D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
Answer: C
NEW QUESTION 69
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?
- A. require partial
- B. require complete
- C. allow partial
- D. allow complete
Answer: B,C
NEW QUESTION 70
Why Is Satisfaction Method a key element of a Performance Obligation?
- A. because it specifies whether revenue has been fully or partially recognized for a good or service
- B. because it calculates the percentage of Total Transaction Price allocated to date
- C. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
- D. because it calculates the amount of Total Transaction Price allocated to date
Answer: C
NEW QUESTION 71
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