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Oracle Revenue Management Cloud 2019 Implementation Essentials (1Z0-1059) Free Practice Test

Question 1
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

Correct Answer: B
Question 2
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

Correct Answer: B
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 3
How many tabs does the Customer Contract Source Data Import Template have?

Correct Answer: D
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Question 4
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?

Correct Answer: A
Question 5
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?

Correct Answer: B,C,E
Question 6
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

Correct Answer: C
Question 7
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?

Correct Answer: A,E
Question 8


What is the correct match sequence of the descriptions A, B and C against the titles?

Correct Answer: D