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| Section | Weight | Objectives |
|---|
| Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services
|
| Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules
|
| Revenue Management Implementation and Setup | 28% | - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data
|
| Revenue Reporting and Analytics | 22% | - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q13-Q18):
NEW QUESTION # 13
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. Observed Standalone Selling Prices
- B. Estimated Standalone Selling Prices
- C. SSP Tolerance Usage
- D. Items
- E. Pricing Dimension Assignment
Answer: A,B,E
NEW QUESTION # 14
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?
- A. The shape: Same nunmber of segments and order
- B. The value sets
- C. The Displayed option
- D. Wether Dynamic Combination Creation Allowed is enabled
- E. The Query Required option
Answer: A,B
NEW QUESTION # 15
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
- A. It tracks the difference in a Discount Allocation Account at the contract line level.
- B. It tracks the difference In a Discount Allocation Account at the contract level.
- C. It tracks the difference in a Write-off Allocation Account at the contract level.
- D. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
Answer: A
NEW QUESTION # 16
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?
- A. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
- B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
- C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
- D. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
Answer: B
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/OEDMF/VRM_CUSTOMER_CONTRACT_HEADERS_tbl.htm
NEW QUESTION # 17
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 new primary ledger.
- C. Create a reporting ledger.
- D. Create a secondary ledger.
Answer: A
NEW QUESTION # 18
......
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