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| Section | Objectives |
|---|
| Topic 1: Implementation and Configuration | - Pricing and allocation rules
- 1. Standalone selling price (SSP) configuration
- 2. Revenue allocation rules setup
- Setup and functional configuration
- 1. Revenue management setup tasks
- 2. Source document and transaction mapping
|
| Topic 2: Revenue Management Cloud Service Fundamentals | - Revenue standards overview
- 1. Performance obligations identification
- 2. IFRS 15 / ASC 606 principles
- Core concepts of Revenue Management Cloud
- 1. Subscription and contract revenue concepts
- 2. Revenue lifecycle and recognition principles
|
| Topic 3: Revenue Recognition Processing | - Revenue recognition events
- 1. Revenue scheduling and accounting entries
- 2. Revenue adjustments and reallocation
- Contract processing
- 1. Performance obligation fulfillment
- 2. Contract modification handling
|
| Topic 4: Integration and Reporting | - Integration with Oracle Cloud ERP
- 1. Source systems data ingestion
- 2. Subledger accounting integration
- Reporting and analytics
- 1. Revenue dashboards and reports
- 2. Period close reporting
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q28-Q33):
NEW QUESTION # 28
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. Create the performance obligation for the toaster manually.
- C. Define an adhoc rule in the Revenue Price Profile to include the toaster.
- D. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
Answer: D
NEW QUESTION # 29
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. Wether Dynamic Combination Creation Allowed is enabled
- B. The Displayed option
- C. The shape: Same nunmber of segments and order
- D. The Query Required option
- E. The value sets
Answer: C,E
NEW QUESTION # 30
Which statement is NOT applicable to Performance Obligation Templates?
- A. Oracle delivers three predefined Performance Obligation Templates,
- B. Performance Obligation Templates can be associated to a Revenue Price Profile.
- C. Performance Obligation Templates are specific to the business and cannot be predefined.
- D. Performance Obligation Templates take precedence over Performance Obligation Rules.
Answer: A
NEW QUESTION # 31
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
- A. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
- B. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
- C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
- D. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
- E. You value the accrual at estimated consideration and it is a monetary debt.
Answer: B
NEW QUESTION # 32
Which three tasks can be performed In the Revenue Management Work Area?
- A. Review Performance Satisfaction Plans.
- B. Manage contracts in "Pending Allocation" status.
- C. Edit Contract Identification Rules.
- D. Review Revenue Price Profiles.
- E. Manage contracts in "Pending Review" status.
- F. Review Observed Standalone Selling Prices.
Answer: B,E,F
NEW QUESTION # 33
......
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