Online 1D0-1059-24-D Practice Test

Question 1

A corporation uses a primary ledger with a currency of USD. The organization's data includes source

document lines with amounts expressed in the Euro currency. However, Revenue Management calculates

transaction totals, allocations, and creates accounting in the ledger currency.

What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

Options :

A : Create source document types specifically for Euro documents.

B : Populate exchange rates in Revenue Price Profile.

C : Populate Conversion Rate Type in System Options.

D : Create revenue prices in the Euro currency.

Answer: C

Question 2

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

Options :

A : These accounts are optional in Revenue Management.

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

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

D : These accounts are not relevant to Revenue Management.

Answer: C

Question 3

A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to

consumers. The entity has identified that this bundle is a distinct performance obligation. How should you

configure

Revenue management to ensure that these items are grouped into one performance obligation?

Options :

A : By defining a Revenue Item Group

B : By defining a Standalone Selling Price Profile.

C : By defining a Performance Obligation Template.

D : By defining a Contact Identification Rule.

Answer: A

Question 4

Which setup Is required to enable integration between Order Management and Revenue Management?

Options :

A : Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

B : Add Order Management in the Manage Trading Community Source Systems page.

C : Create custom program to extract sales order and fulfillment data from Order Management.

D : Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

E : Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.

F : Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

Answer: A

Question 5

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?

Options :

A : Reason

B : Pricing Dimension

C : Item Identifier

D : Performance Obligation Template

E : Tolerance ranges

F : SSP Type

Answer: A,B

EXPERTY DESIGNED 1D0-1059-24-D PRACTICE TEST