1077-24 Pricing Practice Questions
The free 1z0-1077-24: Oracle Order Management Cloud Order to Cash 2024Implementation Professional questions that deal with pricing, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #3
You are implementing Oracle Cloud Pricing for a Fortune 500 hi-tech components distributor who operates on wafer thin margins. Identify a pricing rule associated with a pricing strategy that can be used for evaluating the margin.
Correct answer: B
Explanation
Cost lists hold the item cost used by pricing, so including a cost list in the pricing strategy lets the application compare price to cost and evaluate the margin on each line.
Question #5
Your client is a cell phone provider. Their customers must first buy a phone, then choose a data plan. Your client has given you the requirement to define pricing setups where the cell phone device will be billed now, and the data plan will be billed on a monthly basis for the plan's duration, which is set for one year. You will be the administrator for this pricing program in Pricing Cloud. How should you set up the price lists for these charges?
Correct answer: B
Explanation
The handset is a single upfront charge, so it uses a Sale Price charge definition, while the data plan is billed every month for a year, which requires a Recurring Sale Price charge definition.
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