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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Reporting and Analytics | 22% | - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data - Monitor and reconcile revenue balances and accounting data |
| Topic 2: Revenue Contracts and Performance Obligations | 24% | - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations |
| Topic 3: Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - Configure Revenue Management application components |
| Topic 4: Revenue Recognition and Accounting Rules | 26% | - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods |
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NEW QUESTION # 32
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
Answer: B
NEW QUESTION # 33
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?
Answer: C,D
NEW QUESTION # 34
What is a Standalone Selling Price (SSP)?
Answer: A
NEW QUESTION # 35
Which setup Is required to enable integration between Order Management and Revenue Management?
Answer: D
NEW QUESTION # 36
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.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?
Answer: B
Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348
NEW QUESTION # 37
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