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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

?

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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