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| Section | Weight | Objectives |
|---|
| Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events
|
| Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components
|
| Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods
|
| Revenue Reporting and Analytics | 22% | - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q70-Q75):
NEW QUESTION # 70
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?
- A. when the sales order Is booked on 14-Sep-2017
- B. when the product is shipped on 15-Sep-2017
- C. when the consultant is deployed to assist customer on 10-Sep-2017
- D. when an invoice is issued on 20-Sep-2017
Answer: C
NEW QUESTION # 71
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?
- A. Ignore the performance obligation for the toaster because it was free of cost to the customer.
- B. Define an adhoc rule in the Revenue Price Profile to include the toaster.
- C. Create the performance obligation for the toaster manually.
- D. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
Answer: D
NEW QUESTION # 72
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?
- A. Identify Customer Contract Based on Source Document
- B. Identify Customer Contract Based on Source System
- C. Identify Customer Contract Based on Source Document Line
- D. Identify Customer Contract Based on Party
Answer: A
NEW QUESTION # 73
Which statement Is True regarding the Customer Contract Source Data Import Template?
- A. It is a custom template that you are required to build.
- B. It is a predefined Java FBDI template.
- C. It is a predefined Excel FBDI template.
- D. It Is a predefined HTML FBDI template.
Answer: C
NEW QUESTION # 74
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?
- A. when a pricing dimension structure Instance Is enabled for pricing bands
- B. when a pricing dimension structure is enabled for pricing bands
- C. when a source document type is enabled to use pricing bands
- D. when a value set segment label of Set Band is used
Answer: B
NEW QUESTION # 75
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