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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
Topic 2	Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
Topic 3	Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
Topic 4	Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
Topic 5	Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q34-Q39):

NEW QUESTION # 34
A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

A. a pricing dimension structure
B. a pricing dimension structure instance
C. pricing bands
D. the source document types

Answer: C

NEW QUESTION # 35
What is a contract modification?

A. a revision or correction to the estimate of variable consideration made at inception
B. an increase or decrease in expected collectability
C. a change to the contract caused by negotiation with the customer
D. a change (modification) to the contract data

Answer: C

NEW QUESTION # 36
When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

A. when the Satisfaction Measurement Model is set to Quantity
B. when the Satisfaction Measurement Model is set to Amount
C. when the Satisfaction Measurement Model is set to Period
D. when the Satisfaction Measurement Model Is set to Percentage

Answer: C

NEW QUESTION # 37
Which, when transferred to a customer, allows you to recognize revenue?

A. an invoice
B. a performance obligation
C. promise detail
D. a shipment

Answer: B

NEW QUESTION # 38
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 a grouping rule on the customer class
D. 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
E. By defining an item group and assigning that to the rule

Answer: D

NEW QUESTION # 39
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