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| Section | Objectives |
|---|
| Topic 1: Implementation and Configuration | - Pricing and allocation rules
- 1. Revenue allocation rules setup
- 2. Standalone selling price (SSP) configuration
- Setup and functional configuration
- 1. Revenue management setup tasks
- 2. Source document and transaction mapping
|
| Topic 2: 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
|
| Topic 3: 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. Revenue lifecycle and recognition principles
- 2. Subscription and contract revenue concepts
|
| Topic 4: Revenue Recognition Processing | - Revenue recognition events
- 1. Revenue adjustments and reallocation
- 2. Revenue scheduling and accounting entries
- Contract processing
- 1. Performance obligation fulfillment
- 2. Contract modification handling
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q32-Q37):
NEW QUESTION # 32
Why are Source Document Type Codes required when defining Source Document Types?
- A. Because they provide uniqueness to the Source Document Types.
- B. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
- C. Because they are needed for integration with Product Management.
- D. Because they are Revenue Management Descriptive Flexfields.
Answer: C
NEW QUESTION # 33
Which is NOT a Price Band Type?
- A. Percentage Band
- B. Set Band
- C. Quantity Band
- D. Amount Band
Answer: A
NEW QUESTION # 34
What is a Standalone Selling Price (SSP)?
- A. the sum of the SSPs of the components
- B. the price you would use if you sold to a customer separately
- C. the list price
- D. the average of your bundled price
Answer: B
NEW QUESTION # 35
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?
- A. Expected consideration value is applicable to all industries.
- B. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
- C. Revenue and performance obligation liabilities are not dependent on billing.
- D. Pricing estimates cannot be used In the absence of pricing data.
Answer: A,D
NEW QUESTION # 36
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. Close the previous period.
- B. Approve the OSSP by establishing it.
- C. Categorize standalone sales by performance obligation.
- D. Review the calculated OSSP.
- E. Run Create Accounting.
- F. Run the Calculate Observed Standalone Selling Prices program.
Answer: C,F
NEW QUESTION # 37
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