1Z0-1059-21 Online Practice Questions and Answers

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?

A. Identify Customer Contract Based on Party

B. Identify Customer Contract Based on Source Document Line

C. Identify Customer Contract Based on Source Document

D. Identify Customer Contract Based on Source System

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?

A. By defining a Revenue Item Group

B. By defining a Standalone Selling Price Profile.

C. By defining a Performance Obligation Template.

D. By defining a Contact Identification Rule.

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 source data that was imported into Revenue Management and import new source data.

B. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.

C. 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.

D. Delete Contracts from the Manage Customer Contracts Ul.

E. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.

Given Oracle Revenue Management Cloud has predefined integration with Oracle E- Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

A. Apply appropriate patches to EBS.

B. Run the Deploy System Options process.

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

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

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

In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.

Which two are NOT included in the four step process?

A. Close the previous period.

B. Review the calculated OSSP.

C. Categorize standalone sales by performance obligation.

D. Approve the OSSP by establishing it.

E. Run the Calculate Observed Standalone Selling Prices program.

F. Run Create Accounting.

How many tabs does the Customer Contract Source Data Import Template have?

A. four tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively

B. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table

A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.

What does the pricing dimension assignment match the pricing dimension segment combination to?

A. pricing bands

B. a pricing dimension structure

C. the source document types

D. a pricing dimension structure instance

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.

In addition to the SSP Value (price) and Currency, which two are required?

A. SSP Type

B. Pricing Dimension

C. Performance Obligation Template

D. Unit of Measure

E. Item Identifier

A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.

Which reporting tool must be used to address this business requirement?

A. Smart View

B. Business Intelligence Publisher

C. Oracle Transactional Business Intelligence

D. Reporting Studio

Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A. require complete

B. allow partial

C. allow complete

D. require partial