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| Topic |
Details |
| Topic 1 |
- Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.
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| Topic 2 |
- Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
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| Topic 3 |
- Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
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| Topic 4 |
- Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
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| Topic 5 |
- Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
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>> 1Z0-1059-24 Exam Certification Cost <<
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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q35-Q40):
NEW QUESTION # 35
A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?
- A. Format Only
- B. Independent
- C. Subset
- D. Dependent
- E. Table
Answer: A
NEW QUESTION # 36
You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?
Answer: C
NEW QUESTION # 37
What is a Standalone Selling Price (SSP)?
- A. the sum of the SSPs of the components
- B. the average of your bundled price
- C. the list price
- D. the price you would use if you sold to a customer separately
Answer: D
NEW QUESTION # 38
How can you access an implementation task in Functional Setup Manager. (choose 3)
- A. By navigating from the Welcome Springboard
- B. By navigating from the Implementation Project
- C. By searching
- D. By navigation to an offering's functional area
Answer: B,C,D
NEW QUESTION # 39
If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?
- A. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
- B. Delete Contracts from the Manage Customer Contracts Ul.
- C. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
- D. Delete the source data that was imported into Revenue Management and import new source data.
- E. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
Answer: E
NEW QUESTION # 40
......
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