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1z0-1059-24 Exam Dumps : Oracle Revenue Management Cloud Service 2024Implementation Essentials

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Oracle Revenue Management Cloud Service 2024Implementation Essentials Questions and Answers

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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

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

Question 3

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

Options:

A.

These accounts are optional in Revenue Management.

B.

If nonexistent, these accounts need to be added to the chart of accounts.

C.

If nonexistent, these accounts are added automatically to the chart of accounts.

D.

These accounts are not relevant to Revenue Management.

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