Free Oracle 1Z1-1059 Exam Dumps Questions & Answers

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

• A.the shape: Same number of segments and order
• B.the Query Required option
• C.whether Dynamic Combination Creation Allowed is enabled
• D.the value sets
• E.the Displayed option

What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS
15 versus the old standard?

• A.Expected consideration value is applicable to all industries.
• B.Pricing estimates cannot be used In the absence of pricing data.
• C.Revenue and performance obligation liabilities are not dependent on billing.
• D.Revenue can be recognized for performance obligations only using the "Point in Time" approach.

When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

• A.when Context Values are populated
• B.when it is a business requirement
• C.when the Deferred Revenue box is checked
• D.when the Type is Fixed or Variable

What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

• A.Create a secondary ledger.
• B.Create a new primary ledger.
• C.Create a reporting ledger.
• D.Using their existing primary ledger.

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?

• A.The shape: Same nunmber of segments and order
• B.Wether Dynamic Combination Creation Allowed is enabled
• C.The Displayed option
• D.The Query Required option
• E.The value sets