Free Oracle 1D0-1059-24-D Exam Questions

Become Oracle Certified with updated 1D0-1059-24-D exam questions and correct answers

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Total 84 Questions | Updated On: May 04, 2024

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Question 1

Which setup Is required to enable integration between Order Management and Revenue Management?

A : nfigure settings In the Order Management section of the Manage Integrations for Revenue Management page.

B : Order Management in the Manage Trading Community Source Systems page.

C : eate custom program to extract sales order and fulfillment data from Order Management.

D : ign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

E : fine an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.

F : fine a source document type for the Order Management application and set satisfaction measurement model to quantity.

Answer: A

Question 2

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A : u accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue

B : u value the accrual at estimated consideration and it is a monetary debt.

C : u book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

D : u calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

E : ability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

Answer: A

Question 3

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 : ason

B : icing Dimension

C : em Identifier

D : rformance Obligation Template

E : lerance ranges

F : P Type

Answer: A,B

Question 4

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A : rformance Obligation Satisfied

B : rformance Obligation Billed

C : itial Performance

D : venue Recognized

E : andalone Selling Prices Allocated

Answer: A,C,D

Question 5

A corporation uses a primary ledger with a currency of USD. The organization's data includes source

document lines with amounts expressed in the Euro currency. However, Revenue Management calculates

transaction totals, allocations, and creates accounting in the ledger currency.

What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

A : eate source document types specifically for Euro documents.

B : pulate exchange rates in Revenue Price Profile.

C : pulate Conversion Rate Type in System Options.

D : eate revenue prices in the Euro currency.

Answer: C

Page: 1 / 17

Total 84 Questions | Updated On: May 04, 2024

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