Oracle 1Z0-1059-24 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-1059-24
Exam Name/Title: Oracle Revenue Management Cloud Service 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud

Exam Questions: 85
Updated On: Jun 02, 2026

Question #28

You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C.
You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?

A. Priority

B. Source Document Type

C. Freeze Period

D. Default Classification

Discussion 0

Correct Answer: A Vote an answer

Question #29

Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a predefined Java FBDI template.

B. It is a custom template that you are required to build.

C. It Is a predefined HTML FBDI template.

D. It is a predefined Excel FBDI template.

Discussion 0

Correct Answer: D Vote an answer

Question #30

Which three statements about Effective Periods are true?

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

B. Gaps between periods are not allowed.

C. Effective Periods only define the rage where standalone selling prices of an item should be effective.

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

E. You cannot have overlapping periods.

Discussion 0

Correct Answer: C,D,E Vote an answer

Question #31

Which is NOT a Price Band Type?

A. Percentage Band

B. Quantity Band

C. Set Band

D. Amount Band

Discussion 0

Correct Answer: A Vote an answer

Question #32

What is a Standalone Selling Price (SSP)?

A. the sum of the SSPs of the components

B. the list price

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

D. the average of your bundled price

Discussion 0

Correct Answer: C Vote an answer

Question #33

Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

A. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

B. Revenue Management can only integrate to Fusion Receivables.

C. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.

D. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.

Discussion 0

Correct Answer: B,D Vote an answer

Question #34

Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

A. 50 User Extensible Fields

B. 10 User Extensible Fields

C. 60 User Extensible Fields

D. 90 User Extensible Fields

Discussion 0

Correct Answer: B Vote an answer

Question #35

One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
What is the name of this spreadsheet template?

A. Customer Contract Source Documents Import

B. Customer Sales Data Source Documents Import

C. Customer Sales Source Data Import

D. Customer Contract Source Data Import

Discussion 0

Correct Answer: D Vote an answer

Question #36

What is a contract modification?

A. a revision or correction to the estimate of variable consideration made at inception

B. a change (modification) to the contract data

C. an increase or decrease in expected collectability

D. a change to the contract caused by negotiation with the customer

Discussion 0

Correct Answer: D Vote an answer

Download Free Oracle 1Z0-1059-24 Demo

Simply submit your e-mail address below to get started with our free demo of your Oracle 1Z0-1059-24 exam.