Oracle Exam 1z0-1059 Topic 5 Question 9 Discussion

Actual exam question for Oracle's 1z0-1059 exam

Question #: 9
Topic #: 5

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

Aby identifying and creating one or more performance obligations for a given accounting contract

Bby calculating Total Transaction Price for contracts

Cby only creating contracts that are source system specific

Dby allowing manual allocation of Total Transaction Price across performance obligations

Eby restricting users from excluding contract lines

Fby grouping source document lines intro contracts for each identified customer

Show Suggested Answer

Suggested Answer: C, D, F

by Thaddeus at May 04, 2022, 11:42 PM

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