Free Oracle 1z0-1059-22 Exam Dumps Questions & Answers

Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

• A.  allocates the SSP to various satisfaction events
• B.  creates the accounting for the stages in the process
• C.  recognizes revenue if any satisfaction events exist
• D.  allocates the SSP to various performance obligations
• E.  creates customer contracts and performance obligations

What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

• A.  Create a reporting ledger.
• B.  Create a new primary ledger.
• C.  Using their existing primary ledger.
• D.  Create a secondary ledger.

Which three statements about Effective Periods are true?

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

How many tabs does the Customer Contract Source Data Import Template have?

• A.  one tab that stores data for the VRM_SOURCE_DOCUMENTS table
• B.  four tabs that store data for the
  VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively
• C.  two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
• D.  three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

Which is NOT a Price Band Type?

• A.  Percentage Band
• B.  Set Band
• C.  Amount Band
• D.  Quantity Band