Oracle 1z0-1059-22 Oracle Revenue Management Cloud Service 2022 Implementation Professional Exam Practice Test

Legal entity level

Contract level

Performance obligation level

Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.

Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.

Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.

Run the Calculate Observed Standalone Selling Prices program to derive prices.

your invoiced goods and services less those goods and services that you have notyet delivered

your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered

Unearned Revenue

your debt to customers for goods and services you are obliged to deliver to them by either party acting

General Ledger account derivation based on predefined events

centralized accounting solution

General Ledger journal creation

multiple accounting representations

revaluation of assets and liabilities

stand-alone selling price derivation

The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.

The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.

The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.

The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.

These accounts are optional in Revenue Management.

If nonexistent, these accounts need to be added to thechart of accounts.

If nonexistent, these accounts are added automatically to the chart of accounts.

These accounts are not relevant to Revenue Management.

an estimate of the considerationbe made at inception only

that the consideration be monetary

an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

a disclosure be made to the shareholders

Contract Identification Rules

Items

Source Document Types

Pricing Dimension Segments

the average of yourbundled price

the sum of the SSPs of the components

the list price

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

3

1

5

0

4

the ability not to revise previouslyreported revenue for revision, corrections, and other changes

the fair value of each performance obligation

the maximum amount of revenue you can recognize soonest, postponing the minimum until later

an allocation of the expected consideration over the performance obligations as if you had sold them separately

Delete the source data that was imported into Revenue Management and import new source data.

Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.

Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify CustomerContracts program again.

Delete Contracts from the Manage Customer Contracts Ul.

Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.