Oracle 1z0-1059-22 問題集

質問 1：
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
A. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
B. You value the accrual at estimated consideration and it is a monetary debt.
C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
D. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
正解：D

質問 2：
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. Categorize standalone sales by performance obligation.
B. Run the Calculate Observed Standalone Selling Prices program.
C. Run Create Accounting.
D. Close the previous period.
E. Approve the OSSP by establishing it.
F. Review the calculated OSSP.
正解：A,B

質問 3：
Which setup component Is NOT connected to a Revenue Price Profile?
A. Source Document Types
B. Items
C. Contract Identification Rules
D. Pricing Dimension Segments
正解：A

質問 4：
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
A. Pricing Dimension Assignment
B. Estimated Standalone Selling Prices
C. SSP Tolerance Usage
D. Items
E. Observed Standalone Selling Prices
正解：A,B,E

質問 5：
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?
A. Ignore the performance obligation for the toaster because it was free of cost to the customer.
B. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
C. Create the performance obligation for the toaster manually.
D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
正解：B

質問 6：
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. Standalone Selling Prices Allocated
B. Revenue Recognized
C. Performance Obligation Satisfied
D. Performance Obligation Billed
E. Initial Performance
正解：B,C,E