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| Section | Weight | Objectives |
|---|
| Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components
|
| Revenue Recognition and Accounting Rules | 26% | - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules
|
| Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations
|
| Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q42-Q47):
NEW QUESTION # 42
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. revenue recognized for each performance obligation
- B. stand-alone selling price assigned to the promised detail line
- C. transaction price derived from the source system line import
- D. transaction price distributed to each performance obligation
Answer: D
NEW QUESTION # 43
Why Is Satisfaction Method a key element of a Performance Obligation?
- A. because it specifies whether revenue has been fully or partially recognized for a good or service
- B. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
- C. because it calculates the amount of Total Transaction Price allocated to date
- D. because it calculates the percentage of Total Transaction Price allocated to date
Answer: B
NEW QUESTION # 44
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?
- A. If nonexistent, these accounts need to be added to the chart of accounts.
- B. These accounts are optional in Revenue Management.
- C. If nonexistent, these accounts are added automatically to the chart of accounts.
- D. These accounts are not relevant to Revenue Management.
Answer: C
NEW QUESTION # 45
What does the creation of an allocation allow you to determine?
- A. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- B. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- C. the fair value of each performance obligation
- D. the ability not to revise previously reported revenue for revision, corrections, and other changes
Answer: C
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm
NEW QUESTION # 46
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?
- A. Dashboards
- B. Analysis
- C. Infotile
- D. Infolets
Answer: A,B
NEW QUESTION # 47
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