Free Oracle 1D0-1059-24-D Exam Questions

Become Oracle Certified with updated 1D0-1059-24-D exam questions and correct answers

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Total 84 Questions | Updated On: Feb 17, 2025

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Question 1

Which configuration component is Source Document Type NOT connected to?

A : venue Management System Options

B : rformance Obligation Template

C : ntract Identification Rules

D : venue Price Profile

E : rformance Obligation Identification Rules

Answer: D

Question 2

Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A : ese accounts are optional in Revenue Management.

B : nonexistent, these accounts need to be added to the chart of accounts.

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

D : ese accounts are not relevant to Revenue Management.

Answer: C

Question 3

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A : u accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue

B : u value the accrual at estimated consideration and it is a monetary debt.

C : u book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

D : u calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

E : ability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

Answer: A

Question 4

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some

required data.

Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when

loading prices for items, memo lines and/or Item groups?

A : ason

B : icing Dimension

C : em Identifier

D : rformance Obligation Template

E : lerance ranges

F : P Type

Answer: A,B

Question 5

Which, when transferred to a customer, allows you to recognize revenue?

A : hipment

B : performance obligation

C : invoice

D : omise detail

Answer: B

Page: 1 / 17

Total 84 Questions | Updated On: Feb 17, 2025

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