1Z0-1059-22 Online Practice Questions and Answers

Which configuration component is Source Document TypeNOTconnected to?

A. Revenue Management System Options

B. Performance Obligation Template

C. Contract Identification Rules

D. Revenue Price Profile

E. Performance Obligation Identification Rules

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which IsNOTa predefined Accounting Class?

A. Contract Asset

B. Contract Price Variance

C. Contract Liability

D. Contract Revenue

E. Contract Expense

F. Contract Clearing

What is a Standalone Selling Price (SSP)?

A. the average of yourbundled price

B. the sum of the SSPs of the components

C. the list price

D. the price you would use if you sold to a customer separately

The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively. What data Is capturedIn the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?

A. Performance obligation satisfaction event details.

B. Sales order header level data.

C. Sub contract level details.

D. Sales order line level data.

How many tabs does the Customer Contract Source Data Import Template have?

A. four tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively

B. three tabsthat store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table

Which three attributes are helpful in defining a Contract Identification Rule?

A. Product Description

B. Quote Number

C. Delivery Address

D. Bill To Customer

E. Ledger

F. Business Unit

Which three statements about Effective Periods are true?

A. If effective periods are not defined. Revenue Management uses the General Ledger calendar.

B. Effective Periods are used for standalone selling prices and for creating journal entries.

C. Gaps between periods are not allowed.

D. You cannot have overlapping periods.

E. Effective Periods only define the rage where standalone selling prices ofan item should be effective.

A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page. Which reporting tool must be used to address this business requirement?

A. Smart View

B. Business Intelligence Publisher

C. Oracle Transactional Business Intelligence

D. Reporting Studio

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 the Deferred Revenue box is checked

B. when it is a business requirement

C. when Context Values are populated

D. when the Type is Fixed or Variable

Given you can optionally use pricing bands to create standalone selling prices,which setting enables you to use pricing bands?

A. when a pricing dimension structure is enabled for pricing bands

B. when a source document type is enabled to use pricing bands

C. when a pricing dimension structure Instance Is enabled for pricing bands

D. when a value set segment label of Set Band is used