Practice 1D0-1059-23-D Exam Online

Question 1

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

A : Contract Asset

B : Contract Price Variance

C : Contract Liability

D : Contract Revenue

E : Contract Expense

F : Contract Clearing

Answer: A

Question 2

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.

Answer: A

Question 3

What does a Variable Consideration require?

A : an estimate of the consideration be made at inception only

B : that the consideration be monetary

C : an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

D : a disclosure be made to the shareholders

Answer: A

Question 4

A corporation uses a primary ledger with a currency of USD. The organization's data includes source

document lines with amounts expressed in the Euro currency. However, Revenue Management calculates

transaction totals, allocations, and creates accounting in the ledger currency.

What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

A : Create source document types specifically for Euro documents.

B : Populate exchange rates in Revenue Price Profile.

C : Populate Conversion Rate Type in System Options.

D : Create revenue prices in the Euro currency.

Answer: C

Question 5

Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

A : by setting SM to "Allow Partial" and SMM to "Quantity"

B : by setting SM to "Requires Complete" and SMM to "Period"

C : by setting SM to "Requires Complete" and SMM to "Quantity"

D : by setting SM to "Requires Complete" and SMM to "Percent"

E : by setting SM to "Allow Partial" and SMM to "Period"

Answer: B

Name:	Oracle Revenue Management Cloud Service 2023 Implementation Professional - Delta
Exam Code:	1D0-1059-23-D
Certification:	Oracle Revenue Management Cloud Service
Vendor:	Oracle
Total Questions:	84
Last Updated:	Apr 23, 2024

Oracle 1D0-1059-23-D