Free Practice Oracle 1Z0-1059-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Revenue Management Cloud Service 2024 Implementation Professional 1Z0-1059-24 Dumps Practice Questions

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Total 84 Questions | Updated On: Jun 03, 2025

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Question 1

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

Answer: A,B

Question 2

Which is Not a required piece of information when importing contract header information from a source file?

A : Source System

B : Source Document Type code

C : Record Type

D : Currency code of source document

E : Source Document Unique Identifier Number 1

F : Date of source Document

Answer: A

Question 3

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and

Pending Revenue Recognition.

What would cause a contract to be In the Pending Review tab?

A : The total Transaction Price is over the user-defined threshold amount.

B : The contract is missing standalone selling prices at the promised detail level or at obligation level.

C : The contract is missing satisfaction events.

D : The contract is missing Billing data.

Answer: A

Question 4

The predefined Revenue Contract Account Activities report originally had only one output option of

spreadsheet.

Which output option can you now also choose to assist In handling a large number of records?

A : HTML

B : PowerPoint

C : Flat File

D : PDF

Answer: C

Question 5

Why Is Satisfaction Method a key element of a Performance Obligation?

A : because it determines whether revenue for a good or service is recognized Over Time or Point in Time

B : because it calculates the amount of Total Transaction Price allocated to date

C : because it calculates the percentage of Total Transaction Price allocated to date

D : because it specifies whether revenue has been fully or partially recognized for a good or service

Answer: A

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Total 84 Questions | Updated On: Jun 03, 2025

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