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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q64-Q69):

NEW QUESTION # 64
Why are Source Document Type Codes required when defining Source Document Types?

A. Because they are needed for integration with Product Management.
B. Because they are Revenue Management Descriptive Flexfields.
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: A

NEW QUESTION # 65
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A. These accounts are optional in Revenue Management.
B. These accounts are not relevant to Revenue Management.
C. If nonexistent, these accounts need to be added to the chart of accounts.
D. If nonexistent, these accounts are added automatically to the chart of accounts.

Answer: D

NEW QUESTION # 66
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A. Fixed Schedule
B. Daily Revenue Rate, All Periods
C. Variable Schedule
D. Partial Schedule
E. Daily Revenue Rate, Partial Periods
F. Daily Revenue Rate

Answer: A

NEW QUESTION # 67
What is the correct match sequence of the descriptions A, B and C against the titles?

A. B, A, C
B. C, A, B
C. A, B, C
D. C, B, A
E. A, C, B
F. B, C, A

Answer: A

NEW QUESTION # 68
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

A. transaction price derived from the source system line import
B. stand-alone selling price assigned to the promised detail line
C. revenue recognized for each performance obligation
D. transaction price distributed to each performance obligation

Answer: D

NEW QUESTION # 69
......

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1Z0-1059-24 Reliable Exam Materials, 1Z0-1059-24 Relevant Questions

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q64-Q69):

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