Oracle Exam 1Z0-1059-24 Topic 5 Question 5 Discussion

Actual exam question for Oracle's 1Z0-1059-24 exam

Question #: 5
Topic #: 5

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.

Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

ASelect Conversion Rate Type in the Source Document Type setup.

BRun the Revenue Management translation process.

CEnter Conversion Rate Type in System Options.

DProvide currency conversion details in the Revenue Basis Data Import Template.

EEnter exchange rate information in Standalone Selling Price Profile.

Show Suggested Answer

Suggested Answer: B, C

by Lorean at Mar 24, 2025, 10:03 PM

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Elli

2 months ago

I believe option E is not relevant for converting transaction amounts to USD.

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Mabel

2 months ago

I'm not sure, I think option D could also be a valid choice.

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Dolores

2 months ago

B and D all the way! I'm just picturing the accountants doing backflips trying to keep up with all these exchange rates. *chuckles*

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Raymon

1 months ago

D) Provide currency conversion details in the Revenue Basis Data Import Template.

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Cassi

2 months ago

B) Run the Revenue Management translation process.

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Owen

2 months ago

I agree with Cheryl, those options make sense for converting to USD.

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Cheryl

2 months ago

I think option A and B are the correct ones.

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Flo

2 months ago

C and E are just throwing us off the scent. This is clearly a job for the translation process and the data import template.

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Chantay

2 months ago

I'm going with B and D as well. Gotta love those currency conversions, am I right? *winks*

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Leslee

16 days ago

Agreed, but it's important to get them right.

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Rocco

18 days ago

Definitely, currency conversions can be tricky.

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Keneth

20 days ago

Yeah, D seems like a good option too.

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Kizzy

1 months ago

I think B is the way to go for sure.

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Blondell

1 months ago

Agreed, it's important to get those details right.

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Arlyne

2 months ago

Definitely, currency conversions can be tricky.

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Jamal

2 months ago

Yeah, D seems like a good option too.

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Benedict

2 months ago

I think B is the way to go for sure.

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Rene

3 months ago

B and D seem like the obvious choices here. The translation process and the Revenue Basis Data Import Template are the way to go.

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Timmy

2 months ago

Entering exchange rate information in the Standalone Selling Price Profile might be another option to consider.

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Ramonita

2 months ago

I think selecting the Conversion Rate Type in the Source Document Type setup could also work.

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Paulene

3 months ago

I agree, B and D are the best options for converting transaction amounts to USD.

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