Oracle Pricing Cloud 2018 Implementation Essentials (1Z0-1026) Free Practice Test

Question 1

In which two lists are you able to define a matrix rule based on the out of the box setups?

A. Surcharge List

B. PriceList

C. Cost List

D. Discount list

E. Pricing Algorithm

Correct Answer: C,D

Question 2

Which two methods are available to create price lists in the application?

A. Create price lists from the Configurator user interface.

B. Create price lists horn the Piking user Interface.

C. Create price lists from Web service using XML.

D. Create price lists from the Order Management userInterface.

E. Create price lists from Import.

Correct Answer: C,D

Question 3

Your client is implementing a new pricing model. They want to use Item cost + a markup of 20% for all Items.
How do you Implement the priceand/or cost lists for the least maintenance going forward?

A. Create one Pike list by each Item with the cost ofthe item and selectCost plus pricing check box; create a second pike list using All Items Product with a Calculation Method of Cost and Calculation type of Markup percent of20%.

B. Create a Cost list by each Item with the cost ofthe item, select Cost pluspricing check box. and put a Markup percent of20%.

C. Create a Cost List by each item with the cost 0* the Item and select Cost pluspricing check box; create a Price list using All Items Product withCalculationMethod of Cost and Calculation type of Markup percent of 20%.

D. Create a Price list with each Item on it with the calculated price on it; use ADFdl upload for ease of maintenance.

E. Create a Price List using All Items Product and use a Pricing Attribute to get the cost of the Item and a formula to mark It up.

Correct Answer: A

Question 4

Your company is having a Holiday Extravaganza Sale and certain Items are discounted by 10%.
Which option applies the discount to the sates orders for a limited time and allows the customer to see the promotion?

A. Alter the price list for those items for the time period of the sale.

B. Create a discount list for those items for the time period of the sale giving then a 10% discount. Assign to the current pricing strategy.

C. Create adiscount list for those Items for the time period of the sale giving them an amount discount.
Assign toThe current pricing strategy.

D. Create a discount list tor all items for thetime period of the sale giving then a 10% discount. Assign to the current pricing strategy.

E. Use a cost list for those Items for the time period of the sale giving them an amount discount. Assign to the current pricing strategy.

Correct Answer: A

Question 5

Yourcompany has been struggling to make a profit in a segment ofIts market as the supply costto make the product have been Increasing. Which pricing method could help assure they are making a profit on each part?

A. Tier Based Pricing

B. Pricing Matrixes

C. Discount lists

D. Cost Plus Pricing

E. Surcharge Lists

Correct Answer: B

Question 6

Your customer has the following pricing segment matrix set up in the system. A sales for a customer with high revenue potential, medium size, high cost to serve, medium vale, and high rating is being priced.
Which row will pricing use?

A. Row C

B. Row A

C. Not enough information given to answer question

D. Row B

E. Row D

Correct Answer: A

Question 7

Which five predefined customer characteristics are available when creating a customer pricing profile?

A. Customer Type

B. Revenue Potential

C. Cost to Serve

D. Size

E. Value

F. Location

G. Rating

Correct Answer: B,C,D,E,G

Question 8

A customer has a productwhich they bill monthly.
Which price type would they use for this?

A. Quarterly

B. Recurring

C. Monthly

D. Subscription

E. One Time

Correct Answer: A

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Oracle Pricing Cloud 2018 Implementation Essentials (1Z0-1026) Free Practice Test