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| Section | Weight | Objectives |
|---|
| Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures
|
| Revenue Contracts and Performance Obligations | 24% | - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events
|
| Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices
|
| Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q33-Q38):
NEW QUESTION # 33
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
- A. Contract Revenue
- B. Contract Clearing
- C. Contract Liability
- D. Contract Expense
- E. Contract Price Variance
- F. Contract Asset
Answer: D
NEW QUESTION # 34
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?
- A. when a value set segment label of Set Band is used
- B. when a pricing dimension structure Instance Is enabled for pricing bands
- C. when a source document type is enabled to use pricing bands
- D. when a pricing dimension structure is enabled for pricing bands
Answer: D
NEW QUESTION # 35
What does the creation of an allocation allow you to determine?
- A. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- B. the fair value of each performance obligation
- C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- D. the ability not to revise previously reported revenue for revision, corrections, and other changes
Answer: B
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm
NEW QUESTION # 36
Which statement Is True regarding the Customer Contract Source Data Import Template?
- A. It Is a predefined HTML FBDI template.
- B. It is a custom template that you are required to build.
- C. It is a predefined Excel FBDI template.
- D. It is a predefined Java FBDI template.
Answer: C
NEW QUESTION # 37
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Unearned Revenue
- B. Contract Discount
- C. Contract Liability
- D. Contract Asset
Answer: A
NEW QUESTION # 38
......
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