Free 1Z1-1059 Questions for Oracle Revenue Management Cloud 2019 Implementation Essentials 1Z1-1059 Exam as PDF & Practice Test Engine

Exam Code/Number: 1Z1-1059
Exam Name/Title: Oracle Revenue Management Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Fusion Revenue Management Cloud Service

Exam Questions: 75
Updated On: Sep 25, 2026

Question #1

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 and run the Identify Customer contracts program again.

B. Delete the source data that was imported into Revenue Management and import new source data.

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. 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.

Discussion 0

Correct Answer: E Vote an answer

Question #2

What does a Variable Consideration require?

A. that the consideration be monetary

B. a disclosure be made to the shareholders

C. an estimate of the consideration be made at inception only

D. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

Discussion 0

Correct Answer: C Vote an answer

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Question #3

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A. The contract is missing satisfaction events.

B. The contract is missing standalone selling prices at the promised detail level or at obligation level.

C. The total Transaction Price is over the user-defined threshold amount.

D. The contract is missing Billing data.

Discussion 0

Correct Answer: C Vote an answer

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Question #4

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 (modification) to the contract data

D. a change to the contract caused by negotiation with the customer

Discussion 0

Correct Answer: D Vote an answer

Question #5

Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

A. creates customer contracts and performance obligations

B. allocates the SSP to various satisfaction events

C. allocates the SSP to various performance obligations

D. creates the accounting for the stages in the process

E. recognizes revenue if any satisfaction events exist

Discussion 0

Correct Answer: D Vote an answer

Question #6

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

What is the difference between Selling Amount and Allocated Amount?

A. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.

B. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.

C. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.

D. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.

Discussion 0

Correct Answer: D Vote an answer

Question #7

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.

B. Run the Calculate Observed Standalone Selling Prices program to derive prices.

C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.

D. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.

Discussion 0

Correct Answer: B Vote an answer

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Question #8

Which three tasks are associated with defining a Pricing Dimension Structure?

A. Create multiple instances for a given Pricing Dimension Structure.

B. Analyze pricing policies across products and services.

C. Assign required segment labels to each segment.

D. Include user friendly prompts for each segment.

E. Define up to 30 segments and name them.

F. Define up to 20 segments and name them.

Discussion 0

Correct Answer: B,C,E Vote an answer

Free 1Z1-1059 Questions for Oracle Revenue Management Cloud 2019 Implementation Essentials 1Z1-1059 Exam as PDF & Practice Test Engine

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