Printable PDFOracle 1Z0-1059-21 Exam Dumps
Vendor: Oracle
Exam Code: 1Z0-1059-21
Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Certification: Enterprise Resource Planning (ERP)
Total Questions: 75 Q&A
Updated on: Nov 12, 2024
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1Z0-1059-21 Online Practice Questions and Answers
What does a Variable Consideration require?
A. an estimate of the consideration be made at inception only
B. that the consideration be monetary
C. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
D. a disclosure be made to the shareholders
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
A. Close the previous period.
B. Review the calculated OSSP.
C. Categorize standalone sales by performance obligation.
D. Approve the OSSP by establishing it.
E. Run the Calculate Observed Standalone Selling Prices program.
F. Run Create Accounting.
At which level does Oracle Revenue management perform accounting?
A. Legal entity level
B. Contract level
C. Performance obligation level
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