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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q18-Q23):

NEW QUESTION # 18
How can you access an implementation task in Functional Setup Manager. (choose 3)

A. By navigating from the Welcome Springboard
B. By searching
C. By navigating from the Implementation Project
D. By navigation to an offering's functional area

Answer: B,C,D

NEW QUESTION # 19
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

A. when it is a business requirement
B. when the Type is Fixed or Variable
C. when the Deferred Revenue box is checked
D. when Context Values are populated

Answer: B

NEW QUESTION # 20
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A. Daily Revenue Rate, Partial Periods
B. Daily Revenue Rate
C. Variable Schedule
D. Daily Revenue Rate, All Periods
E. Fixed Schedule
F. Partial Schedule

Answer: E

NEW QUESTION # 21
65-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 would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

A. By defining a grouping rule on the customer class
B. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
C. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
D. By defining an item group and assigning that to the rule
E. By defining an exclusion rule to exclude customer classes that are "Retail"

Answer: B

NEW QUESTION # 22
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A. allow complete
B. allow partial
C. require partial
D. require complete

Answer: B,D

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853

NEW QUESTION # 23
......

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1Z0-1059-24 Valid Exam Test - 1Z0-1059-24 Exam Simulator Online

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q18-Q23):

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