Free Oracle 1z1-974 Exam Dumps Questions & Answers

Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

• A.when a value set segment label of Set Band is used
• B.when a pricing dimension structure is enabled for pricing bands
• C.when a pricing dimension structure Instance Is enabled for pricing bands
• D.when a source document type is enabled to use pricing bands

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?

• A.Business Intelligence Publisher
• B.Oracle Transactional Business Intelligence
• C.Smart View
• D.Reporting Studio

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.Approve the OSSP by establishing it.
• B.Close the previous period.
• C.Categorize standalone sales by performance obligation.
• D.Run Create Accounting.
• E.Review the calculated OSSP.
• F.Run the Calculate Observed Standalone Selling Prices program.

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

• A.Performance Obligation Billed
• B.Revenue Recognized
• C.Initial Performance
• D.Standalone Selling Prices Allocated
• E.Performance Obligation Satisfied

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