Practice 1D0-1059-23-D Exam Online

Question 1

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 2

Which setup Is required to enable integration between Order Management and Revenue Management?

A : Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

B : Add Order Management in the Manage Trading Community Source Systems page.

C : Create custom program to extract sales order and fulfillment data from Order Management.

D : Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

E : Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.

F : Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

Answer: A

Question 3

When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

A : when the Satisfaction Measurement Model is set to Amount

B : when the Satisfaction Measurement Model is set to Period

C : when the Satisfaction Measurement Model is set to Quantity

D : when the Satisfaction Measurement Model Is set to Percentage

Answer: B

Question 4

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

A : your invoiced goods and services less those goods and services that you have not yet delivered

B : your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered

C : Unearned Revenue

D : your debt to customers for goods and services you are obliged to deliver to them by either party acting

Answer: D

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