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| Section | Objectives |
|---|
| Topic 1: Integration and Reporting | - Reporting and analytics
- 1. Revenue dashboards and reports
- 2. Period close reporting
- Integration with Oracle Cloud ERP
- 1. Subledger accounting integration
- 2. Source systems data ingestion
|
| Topic 2: Implementation and Configuration | - Pricing and allocation rules
- 1. Revenue allocation rules setup
- 2. Standalone selling price (SSP) configuration
- Setup and functional configuration
- 1. Source document and transaction mapping
- 2. Revenue management setup tasks
|
| Topic 3: Revenue Recognition Processing | - Revenue recognition events
- 1. Revenue scheduling and accounting entries
- 2. Revenue adjustments and reallocation
- Contract processing
- 1. Contract modification handling
- 2. Performance obligation fulfillment
|
| Topic 4: Revenue Management Cloud Service Fundamentals | - Core concepts of Revenue Management Cloud
- 1. Revenue lifecycle and recognition principles
- 2. Subscription and contract revenue concepts
- Revenue standards overview
- 1. IFRS 15 / ASC 606 principles
- 2. Performance obligations identification
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q11-Q16):
NEW QUESTION # 11
When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
- A. Time-based contingencies must not expire before the contingency can be removed and revenue recognized
- B. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
- C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
- D. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
- E. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
Answer: B,D
NEW QUESTION # 12
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. B, A, C
- B. A, C, B
- C. C, A, B
- D. B, C, A
- E. A, B, C
- F. C, B, A
Answer: A
NEW QUESTION # 13
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
- A. Run Create Accounting.
- B. Review the calculated OSSP.
- C. Close the previous period.
- D. Run the Calculate Observed Standalone Selling Prices program.
- E. Categorize standalone sales by performance obligation.
- F. Approve the OSSP by establishing it.
Answer: D,E
NEW QUESTION # 14
Which three attributes are helpful in defining a Contract Identification Rule?
- A. Product Description
- B. Business Unit
- C. Ledger
- D. Quote Number
- E. Bill To Customer
- F. Delivery Address
Answer: A,D,F
NEW QUESTION # 15
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?
- A. by setting SM to "Requires Complete" and SMM to "Percent"
- B. by setting SM to "Allow Partial" and SMM to "Period"
- C. by setting SM to "Requires Complete" and SMM to "Quantity"
- D. by setting SM to "Allow Partial" and SMM to "Quantity"
- E. by setting SM to "Requires Complete" and SMM to "Period"
Answer: E
NEW QUESTION # 16
......
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