Pass Your 1Z0-1059-26 Dumps as PDF Updated on 2026 With 85 Questions
Oracle 1Z0-1059-26 Real Exam Questions and Answers FREE
NEW QUESTION # 46
What is a Standalone Selling Price (SSP)?
- A. the average of your bundled price
- B. the price you would use if you sold to a customer separately
- C. the sum of the SSPs of the components
- D. the list price
Answer: B
NEW QUESTION # 47
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
- A. Run Create Accounting.
- B. Approve the OSSP by establishing it.
- C. Categorize standalone sales by performance obligation.
- D. Close the previous period.
- E. Run the Calculate Observed Standalone Selling Prices program.
- F. Review the calculated OSSP.
Answer: C,E
NEW QUESTION # 48
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?
- A. Ignore the performance obligation for the toaster because it was free of cost to the customer.
- B. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
- C. Create the performance obligation for the toaster manually.
- D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
Answer: B
NEW QUESTION # 49
Which setup Is required to enable integration between Order Management and Revenue Management?
- A. Add Order Management in the Manage Trading Community Source Systems page.
- B. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
- 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 a source document type for the Order Management application and set satisfaction measurement model to quantity.
- F. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
Answer: E
NEW QUESTION # 50
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 an item group and assigning that to the rule
- 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 exclusion rule to exclude customer classes that are "Retail"
- E. 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
Answer: E
NEW QUESTION # 51
Which is Not a required piece of information when importing contract header information from a source file?
- A. Source Document Unique Identifier Number 1
- B. Source System
- C. Date of source Document
- D. Record Type
- E. Currency code of source document
- F. Source Document Type code
Answer: A
NEW QUESTION # 52
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
- A. by restricting users from excluding contract lines
- B. by calculating Total Transaction Price for contracts
- C. by identifying and creating one or more performance obligations for a given accounting contract
- D. by grouping source document lines intro contracts for each identified customer
- E. by allowing manual allocation of Total Transaction Price across performance obligations
- F. by only creating contracts that are source system specific
Answer: D,E,F
NEW QUESTION # 53
Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Review performance obligations by effective period.
- B. Diagnose revenue price profile.
- C. Drill down to data used to derive standalone selling prices.
- D. Monitor transaction price calculation and allocation.
- E. Analyze standalone selling prices for one or multiple effective periods.
Answer: B,E
NEW QUESTION # 54
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?
- A. Wether Dynamic Combination Creation Allowed is enabled
- B. The shape: Same nunmber of segments and order
- C. The Query Required option
- D. The Displayed option
- E. The value sets
Answer: B,E
NEW QUESTION # 55
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
- A. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
- B. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
- C. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
- D. You value the accrual at estimated consideration and it is a monetary debt.
- E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
Answer: A
NEW QUESTION # 56
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, All Periods
- B. Fixed Schedule
- C. Daily Revenue Rate
- D. Daily Revenue Rate, Partial Periods
- E. Variable Schedule
- F. Partial Schedule
Answer: B
NEW QUESTION # 57
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?
- A. multiple accounting representations
- B. General Ledger journal creation
- C. General Ledger account derivation based on predefined events
- D. stand-alone selling price derivation
- E. revaluation of assets and liabilities
- F. centralized accounting solution
Answer: A,B,E
NEW QUESTION # 58
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Liability
- B. Contract Unearned Revenue
- C. Contract Asset
- D. Contract Discount
Answer: B
NEW QUESTION # 59
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. transaction price derived from the source system line import
- B. stand-alone selling price assigned to the promised detail line
- C. revenue recognized for each performance obligation
- D. transaction price distributed to each performance obligation
Answer: D
NEW QUESTION # 60
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 "Requires Complete" and SMM to "Quantity"
- B. by setting SM to "Allow Partial" and SMM to "Period"
- C. by setting SM to "Allow Partial" and SMM to "Quantity"
- D. by setting SM to "Requires Complete" and SMM to "Period"
- E. by setting SM to "Requires Complete" and SMM to "Percent"
Answer: D
NEW QUESTION # 61
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
- A. Reverse line
- B. Reject line
- C. Preserve contract
- D. Void contract
- E. Reject contract
Answer: B,E
Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm
NEW QUESTION # 62
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 Standalone Selling Price Profile.
- B. By defining a Performance Obligation Template.
- C. By defining a Contact Identification Rule.
- D. By defining a Revenue Item Group
Answer: D
NEW QUESTION # 63
How can you access an implementation task in Functional Setup Manager. (choose 3)
- A. By navigation to an offering's functional area
- B. By searching
- C. By navigating from the Implementation Project
- D. By navigating from the Welcome Springboard
Answer: A,B,C
NEW QUESTION # 64
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