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1Z0-1059-21 Certification Detail Exam Code
1Z0-1059-21
Full Exam Name
Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Number of Questions 55 Practice Exams
1Z0-1059-21 Online Practice Exam
Passing Score
64%
Time Limit
90 minutes
Recommended Training
Oracle Revenue Management Cloud Service 2021 Certified Implementation Specialist Oracle Financials Cloud Learning Subscription
Syllabus Topics for Oracle 1Z0-1059-21 Exam Topic Name Revenue Management Overview
Revenue Management Setups
Standalone Selling Price and Related Configurations
Revenue Contracts
Revenue Management Reporting
Oracle 1Z0-1059-21 Exam Questions
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01. 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? Option a) whether Dynamic Combination Creation Allowed is enabled
b) the shape: Same number of segments and order c) the Displayed option d) the value sets
e) the Query Required option
ANSWER a) whether Dynamic Combination Creation Allowed is enabled b) the shape: Same number of segments and order
02. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources? Option a) Oracle Revenue Management Cloud b) Oracle Receivables
c) Oracle General Ledger d) Oracle Subledger Accounting
ANSWER a) Oracle Revenue Management Cloud c) Oracle General Ledger
03. You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs. Which attribute needs to be updated to achieve this objective? Option a) Freeze Period b) Default Classification c) Source Document Type d) Priority
ANSWER d) Priority
04. Why are Source Document Type Codes required when defining Source Document Types? Option a) Because they are Revenue Management Descriptive Flexfields. b) Because they are needed for integration with Product Management. c) Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
d) Because they provide uniqueness to the Source Document Types.
ANSWER d) Because they provide uniqueness to the Source Document Types.
05. Which three statements about Effective Periods are true? Option a) If effective periods are not defined, Revenue Management uses the General Ledger calendar.
b) Effective Periods are used for standalone selling prices and for creating journal entries. c) Gaps between periods are not allowed. d) You cannot have overlapping periods. e) Effective Periods only define the rage where standalone selling prices of an item should be effective.
ANSWER b) Effective Periods are used for standalone selling prices and for creating journal entries. d) You cannot have overlapping periods. e) Effective Periods only define the rage where standalone selling prices of an item should be effective.
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