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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:
Jul 5, 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

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?

Options:

A.

Fixed Schedule

B.

Variable Schedule

C.

Daily Revenue Rate, All Periods

D.

Daily Revenue Rate, Partial Periods

E.

Partial Schedule

F.

Daily Revenue Rate

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Question 2

One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.

What is the name of this spreadsheet template?

Options:

A.

Customer Contract Source Documents Import

B.

Customer Sales Source Data Import

C.

Customer Contract Source Data Import

D.

Customer Sales Data Source Documents Import

Question 3

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.