Free Oracle 1Z0-1059-21 Exam Dumps Questions & Answers

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

• A.  Product Description
• B.  Business Unit
• C.  Quote Number
• D.  Bill To Customer
• E.  Ledger
• F.  Delivery Address

Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

• A.  revenue recognized for each performance obligation
• B.  transaction price distributed to each performance obligation
• C.  transaction price derived from the source system line import
• D.  stand-alone selling price assigned to the promised detail line

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.  Flat File
• B.  HTML
• C.  PowerPoint
• D.  PDF

Which configuration component is Source Document Type NOT connected to?

• A.  Performance Obligation Identification Rules
• B.  Performance Obligation Template
• C.  Revenue Management System Options
• D.  Revenue Price Profile
• E.  Contract Identification Rules

What does the creation of an allocation allow you to determine?

• A.  the fair value of each performance obligation
• B.  an allocation of the expected consideration over the performance obligations as if you had sold them separately
• C.  the ability not to revise previously reported revenue for revision, corrections, and other changes
• D.  the maximum amount of revenue you can recognize soonest, postponing the minimum until later