Quiz Oracle - 1Z0-1059-26–High Hit-Rate Practice Test Engine

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| Section | Objectives |
|---|
| Revenue Recognition and Accounting Rules | - Revenue recognition models - Adjustments and reallocation scenarios - Standalone selling price allocation
|
| System Configuration and Setup | - Initial setup and configuration options - Enterprise structures and accounting setup
|
| Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities
|
| Revenue Contracts and Performance Obligations | - Revenue allocation rules - Identification of performance obligations - Contract creation and management
|
| Integration and Data Flow | - Source data ingestion and transformation - Integration with Oracle ERP Cloud
|
| Oracle Revenue Management Cloud Service Overview | - Core concepts of Revenue Management Cloud Service - Business use cases and industry applications
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
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 should you configure Revenue management to ensure that these items are grouped into one performance obligation?
- A. By defining a Standalone Selling Price Profile.
- B. By defining a Contact Identification Rule.
- C. By defining a Performance Obligation Template.
- D. By defining a Revenue Item Group
Answer: D
NEW QUESTION # 49
Which three tasks can be performed In the Revenue Management Work Area?
- A. Review Revenue Price Profiles.
- B. Edit Contract Identification Rules.
- C. Manage contracts in "Pending Review" status.
- D. Manage contracts in "Pending Allocation" status.
- E. Review Observed Standalone Selling Prices.
- F. Review Performance Satisfaction Plans.
Answer: C,D,E
NEW QUESTION # 50
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?
- A. SSP Type
- B. Performance Obligation Template
- C. Pricing Dimension
- D. Tolerance ranges
- E. Item Identifier
- F. Reason
Answer: A,C,D
NEW QUESTION # 51
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
- A. Categorize standalone sales by performance obligation.
- B. Review the calculated OSSP.
- C. Approve the OSSP by establishing it.
- D. Close the previous period.
- E. Run Create Accounting.
- F. Run the Calculate Observed Standalone Selling Prices program.
Answer: A,F
NEW QUESTION # 52
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 Displayed option
- B. the Query Required option
- C. the value sets
- D. the shape: Same number of segments and order
- E. whether Dynamic Combination Creation Allowed is enabled
Answer: D,E
NEW QUESTION # 53
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