Online 1D0-1059-25-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

If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?

Options :

A : Delete the source data that was imported into Revenue Management and import new source data.

B : Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.

C : Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.

D : Delete Contracts from the Manage Customer Contracts Ul.

E : Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.

Answer: C

Question 3

Which method is used to allocate total transaction price across performance obligations in Revenue Management?

Options :

A : Inverted Allocation Method

B : Residual Allocation Method

C : Relative Allocation Method

D : Two Step Allocation Method

E : Alternative Allocation Method

Answer: D

Question 4

You define a Performance Obligation Identification Rule that uses the following matching attribute to group

source document lines:

Extensible Line Character Attribute 7

Based on the data displayed:

How many performance obligations will be created In Revenue Management?

Options :

A : 6

B : 4

C : 5

D : 3

Answer: D

Question 5

Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

Options :

A : Revenue Management can only integrate to Fusion Receivables.

B : You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

C : You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.

D : You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.

Answer: A,D

EXPERTY DESIGNED 1D0-1059-25-D PRACTICE TEST