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| Section | Weight | Objectives |
|---|
| Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data
|
| Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components - Define system options, parameters, and reference data
|
| Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods - 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 - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q24-Q29):
NEW QUESTION # 24
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
- A. Estimated Standalone Selling Prices
- B. SSP Tolerance Usage
- C. Items
- D. Observed Standalone Selling Prices
- E. Pricing Dimension Assignment
Answer: A,D,E
NEW QUESTION # 25
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?
- A. The total Transaction Price is over the user-defined threshold amount.
- B. The contract is missing Billing data.
- C. The contract is missing satisfaction events.
- D. The contract is missing standalone selling prices at the promised detail level or at obligation level.
Answer: A
Explanation:
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.
NEW QUESTION # 26
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
- A. Customers
- B. Business Units
- C. Inventory items
- D. Suppliers
- E. Receivables configurations
- F. Banks, branches and bank accounts
Answer: A,B,C
NEW QUESTION # 27
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 the Calculate Observed Standalone Selling Prices program.
- B. Run Create Accounting.
- C. Review the calculated OSSP.
- D. Categorize standalone sales by performance obligation.
- E. Approve the OSSP by establishing it.
- F. Close the previous period.
Answer: A,D
NEW QUESTION # 28
What is a Standalone Selling Price (SSP)?
- A. the list price
- B. the sum of the SSPs of the components
- C. the price you would use if you sold to a customer separately
- D. the average of your bundled price
Answer: C
NEW QUESTION # 29
......
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