Oracle Revenue Management Cloud Service 2024Implementation Essentials (1z0-1059-24) Practice Test

Questions # 21:

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?

Options:

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

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

The contract is missing satisfaction events.

The contract is missing Billing data.

Questions # 22:

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

Options:

Define up to 30 segments and name them.

Define up to 20 segments and name them.

Analyze pricing policies across products and services.

Create multiple instances for a given Pricing Dimension Structure.

Include user friendly prompts for each segment.

Assign required segment labels to each segment.

Questions # 23:

When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

Question # 23

Options:

when the Deferred Revenue box is checked

when it is a business requirement

when Context Values are populated

when the Type is Fixed or Variable

Questions # 24:

A corporation wants to useanypotential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.

Which validation type must be selected when defining this Value Set?

Options:

Table

Subset

Independent

Format Only

Dependent

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