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Oracle 1z0-1059-24 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1059-24
Exam Name:
Oracle Revenue Management Cloud Service 2024Implementation Essentials
Certification:
Vendor:
Questions:
83
Last Updated:
Apr 30, 2025
Exam Status:
Stable
Oracle 1z0-1059-24

1z0-1059-24: Revenue Management Cloud Exam 2025 Study Guide Pdf and Test Engine

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Oracle Revenue Management Cloud Service 2024Implementation Essentials Questions and Answers

Question 1

Which configuration component is Source Document TypeNOTconnected to?

Options:

A.

Revenue Management System Options

B.

Performance Obligation Template

C.

Contract Identification Rules

D.

Revenue Price Profile

E.

Performance Obligation Identification Rules

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Question 2

What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

Options:

A.

Revenue and performance obligation liabilities are not dependent on billing.

B.

Revenue can be recognized for performance obligations only using the "Point in Time" approach.

C.

Pricing estimates cannot be used In the absence of pricing data.

D.

Expected consideration value is applicable to all industries.

Question 3

What is a contract modification?

Options:

A.

a change to the contract caused by negotiation with the customer

B.

a revision or correction to the estimate of variable consideration made at inception

C.

a change (modification) to the contract data

D.

an increase or decrease in expected collectability