Free Oracle 1Z0-1059 Exam Dumps Questions & Answers

Which two are intended uses for the Standalone Selling Price Report Dashboard?

• A.  Diagnose revenue price profile.
• B.  Review performance obligations by effective period.
• C.  Analyze standalone selling prices for one or multiple effective periods.
• D.  Monitor transaction price calculation and allocation.
• E.  Drill down to data used to derive standalone selling prices.

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

• A.  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
• B.  your debt to customers for goods and services you are obliged to deliver to them by either party acting
• C.  Unearned Revenue
• D.  your invoiced goods and services less those goods and services that you have not yet delivered

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 the Type is Fixed or Variable
• C.  when it is a business requirement
• D.  when Context Values are populated

Which is Not a required piece of information when importing contract header information from a source file?

• A.  Source Document Type code
• B.  Record Type
• C.  Currency code of source document
• D.  Source Document Unique Identifier Number 1
• E.  Source System
• F.  Date of source Document

Which three statements about Effective Periods are true?

• A.  Effective Periods only define the rage where standalone selling prices of an item should be effective.
• B.  You cannot have overlapping periods.
• C.  If effective periods are not defined, Revenue Management uses the General Ledger calendar.
• D.  Effective Periods are used for standalone selling prices and for creating journal entries.
• E.  Gaps between periods are not allowed.