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Oracle 1Z0-1059-25

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Exam contains 63 questions

Page 1 of 11
Question 1 🔥

D. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards. What is a contract modification?

Question 2 🔥

Explanation: Reference: https://docs.oracle.com/cloud/r13_update17b/financialscs_gs/FAFRM/FAFRM2340000.htm#FAFRM 2340000 Why are Source Document Type Codes required when defining Source Document Types?

Question 3 🔥

Reference: https://cloud.oracle.com/_downloads/Datasheet_Financials_3_RevenueMgmt/Revenue_Manageme nt_Datasheet.pdf Which setup component Is NOT connected to a Revenue Price Profile?

Question 4 🔥

A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page. Which reporting tool must be used to address this business requirement?

Question 5 🔥

Which three statements about Effective Periods are true?

Question 6 🔥

C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table Explanation: You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables --one parent table and two child tables --to represent source documents, source document lines, and so urce document sub -lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_ SOURCE_DOC_SUB_LINES contains source document sub line details Which, when transferred to a customer, allows you to recognize revenue?

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