1z0-1059-24 Oracle Revenue Management Cloud Service 2024Implementation Essentials exact Exam Questions

Oracle Revenue Management Cloud Service 2024Implementation Essentials

Last Update 22 hours ago Total Questions : 83

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Question # 4

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?

By defining a Revenue Item Group

By defining a Standalone Selling Price Profile.

By defining a Performance Obligation Template.

By defining a Contact Identification Rule.

Question # 5

Which configuration component is Source Document TypeNOTconnected to?

Revenue Management System Options

Performance Obligation Template

Contract Identification Rules

Revenue Price Profile

Performance Obligation Identification Rules

Question # 6

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.

Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

Select Conversion Rate Type in the Source Document Type setup.

Run the Revenue Management translation process.

Enter Conversion Rate Type in System Options.

Provide currency conversion details in the Revenue Basis Data Import Template.

Enter exchange rate information in Standalone Selling Price Profile.

Question # 7

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?

Ignore the performance obligation for the toaster because it was free of cost to the customer.

Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

Create the performance obligation for the toaster manually.

Define an adhoc rule in the Revenue Price Profile to include the toaster.

Question # 8

Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps areNOTpart of the steps to configure EBS for integration with Revenue Management Cloud?

Apply appropriate patches to EBS.

Run the Deploy System Options process.

Set the Profile Option AR: Source System Value for Revenue Management.

Map the EBS Chart of Accounts to the Cloud General Ledger.

Set the System Options in EBS Receivables on the Revenue Management tab.

Question # 9

After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.

Which predefined Contract Identification Rule can be used in this case?

Identify Customer Contract Based on Party

Identify Customer Contract Based on Source Document Line

Identify Customer Contract Based on Source Document

Identify Customer Contract Based on Source System