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Oracle 1Z0-1059-24 Exam Syllabus Topics:

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.
Topic 2	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.
Topic 3	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.
Topic 4	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.
Topic 5	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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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q12-Q17):

NEW QUESTION # 12
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. Approve the OSSP by establishing it.
B. Run Create Accounting.
C. Review the calculated OSSP.
D. Run the Calculate Observed Standalone Selling Prices program.
E. Close the previous period.
F. Categorize standalone sales by performance obligation.

Answer: D,F

NEW QUESTION # 13
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

A. Analysis
B. Dashboards
C. Infolets
D. Infotile

Answer: A,B

NEW QUESTION # 14
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. a pricing dimension structure
B. pricing bands
C. the source document types
D. a pricing dimension structure instance

Answer: B

NEW QUESTION # 15
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

A. Inventory items
B. Suppliers
C. Customers
D. Banks, branches and bank accounts
E. Business Units
F. Receivables configurations

Answer: A,C,E

NEW QUESTION # 16
What is a Performance Obligation?

A. a promise to a customer
B. a product code or SKU
C. a promise to a customer on which either party has acted
D. a combination of customer type and product code

Answer: A

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP2456627

NEW QUESTION # 17
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Pass Guaranteed Quiz Fantastic Oracle - 1Z0-1059-24 - New Oracle Revenue Management Cloud Service 2024 Implementation Professional Exam Papers

Oracle 1Z0-1059-24 Exam Syllabus Topics:

2025 Trustable Oracle New 1Z0-1059-24 Exam Papers

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q12-Q17):

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