Free 1Z0-1059-21 Questions for Oracle Revenue Management Cloud Service 2021 Implementation Essentials 1Z0-1059-21 Exam as PDF & Practice Test Engine

Exam Code/Number: 1Z0-1059-21
Exam Name/Title: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud

Exam Questions: 82
Updated On: Sep 16, 2026

Question #1

Which, when transferred to a customer, allows you to recognize revenue?

A. an invoice

B. a shipment

C. a performance obligation

D. promise detail

Discussion 0

Correct Answer: C Vote an answer

Question #2

Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It Is a predefined HTML FBDI template.

B. It is a custom template that you are required to build.

C. It is a predefined Java FBDI template.

D. It is a predefined Excel FBDI template.

Discussion 0

Correct Answer: D Vote an answer

Question #3

Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

A. Items

B. Estimated Standalone Selling Prices

C. Pricing Dimension Assignment

D. Observed Standalone Selling Prices

E. SSP Tolerance Usage

Discussion 0

Correct Answer: B,C,D Vote an answer

Question #4

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. Quantity Band

B. Amount Band

C. Deal Size Band

D. Set Band

Discussion 0

Correct Answer: B Vote an answer

Question #5

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

A. the value sets

B. the Query Required option

C. whether Dynamic Combination Creation Allowed is enabled

D. the Displayed option

E. the shape: Same number of segments and order

Discussion 0

Correct Answer: C,E Vote an answer

Question #6

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?

A. 4

B. 0

C. 5

D. 1

E. 3

Discussion 0

Correct Answer: E Vote an answer

Question #7

What is the correct match sequence of the descriptions A, B and C against the titles?

A. B, A, C

B. C, A, B

C. C, B, A

D. B, C, A

E. A, C, B

F. A, B, C

Discussion 0

Correct Answer: A Vote an answer

Question #8

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

A. by grouping source document lines intro contracts for each identified customer

B. by restricting users from excluding contract lines

C. by only creating contracts that are source system specific

D. by identifying and creating one or more performance obligations for a given accounting contract

E. by allowing manual allocation of Total Transaction Price across performance obligations

F. by calculating Total Transaction Price for contracts

Discussion 0

Correct Answer: A,C,E Vote an answer

Question #9

Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

A. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

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 choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.

D. Revenue Management can only integrate to Fusion Receivables.

Discussion 0

Correct Answer: B,D Vote an answer

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