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| Section | Objectives |
|---|
| Topic 1: Revenue Management Cloud Service Fundamentals | - Revenue standards overview
- 1. IFRS 15 / ASC 606 principles
- 2. Performance obligations identification
- Core concepts of Revenue Management Cloud
- 1. Subscription and contract revenue concepts
- 2. Revenue lifecycle and recognition principles
|
| Topic 2: 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 3: 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 4: Revenue Recognition Processing | - Contract processing
- 1. Contract modification handling
- 2. Performance obligation fulfillment
- Revenue recognition events
- 1. Revenue scheduling and accounting entries
- 2. Revenue adjustments and reallocation
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q24-Q29):
NEW QUESTION # 24
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?
- A. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
- B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
- C. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
- D. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
- E. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
- F. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
Answer: B,D
NEW QUESTION # 25
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. Categorize standalone sales by performance obligation.
- E. Approve the OSSP by establishing it.
- F. Run the Calculate Observed Standalone Selling Prices program.
Answer: D,F
NEW QUESTION # 26
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 System
- B. Identify Customer Contract Based on Source Document Line
- C. Identify Customer Contract Based on Party
- D. Identify Customer Contract Based on Source Document
Answer: D
NEW QUESTION # 27
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
- A. Preserve contract
- B. Reverse line
- C. Reject line
- D. Void contract
- E. Reject contract
Answer: C,E
Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm
NEW QUESTION # 28
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Analyze pricing policies across products and services.
- B. Include user friendly prompts for each segment.
- C. Create multiple instances for a given Pricing Dimension Structure.
- D. Assign required segment labels to each segment.
- E. Define up to 30 segments and name them.
- F. Define up to 20 segments and name them.
Answer: A,D,E
NEW QUESTION # 29
......
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