Free Oracle 1Z0-1059-24 Exam Questions

Become Oracle Certified with updated 1Z0-1059-24 exam questions and correct answers

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Total 84 Questions | Updated On: Mar 25, 2025

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Question 1

You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs. Which attribute needs to be updated to achieve this objective?

A : eeze Period

B : fault Classification

C : urce Document Type

D : iority

Answer: D

Question 2

You define a Contract Identification Rule that uses the following source document attributes to match

transaction lines:

Bill-to Customer Party Identifier

Extensible Header Character Attribute 4

Based the data displayed:

How many contracts will be created In Revenue Management?

A : 3

B : 1

C : 5

D : 0

E : 4

Answer: A

Question 3

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

A : urce System

B : urce Document Type code

C : cord Type

D : rrency code of source document

E : urce Document Unique Identifier Number 1

F : te of source Document

Answer: A

Question 4

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and

Pending Revenue Recognition.

What would cause a contract to be In the Pending Review tab?

A : total Transaction Price is over the user-defined threshold amount.

B : contract is missing standalone selling prices at the promised detail level or at obligation level.

C : contract is missing satisfaction events.

D : contract is missing Billing data.

Answer: A

Question 5

Why Is Satisfaction Method a key element of a Performance Obligation?

A : cause it determines whether revenue for a good or service is recognized Over Time or Point in Time

B : cause it calculates the amount of Total Transaction Price allocated to date

C : cause it calculates the percentage of Total Transaction Price allocated to date

D : cause it specifies whether revenue has been fully or partially recognized for a good or service

Answer: A

Page: 1 / 17

Total 84 Questions | Updated On: Mar 25, 2025

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