Welcome to TestSimulate

Pass Your Next Certification Exam Fast!

Everything you need to prepare, learn & pass your certification exam easily.

365 days free updates. First attempt guaranteed success.

Oracle Revenue Management Cloud Service 2024 Implementation Professional (1Z0-1059-24) Free Practice Test

Question 1
Which setup Is required to enable integration between Order Management and Revenue Management?

Correct Answer: E
Question 2
What does the creation of an allocation allow you to determine?

Correct Answer: B
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 3
Which three statements about Effective Periods are true?

Correct Answer: A,B,C
Question 4
Why are Source Document Type Codes required when defining Source Document Types?

Correct Answer: B
Question 5
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

Correct Answer: B
Question 6
At which level does Oracle Revenue management perform accounting?

Correct Answer: C
Question 7
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 8
Which two are intended uses for the Standalone Selling Price Report Dashboard?

Correct Answer: A,D
Question 9
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

Correct Answer: A