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| Section | Objectives |
|---|
| Revenue Recognition Processing | - Revenue recognition events
- 1. Revenue scheduling and accounting entries
- 2. Revenue adjustments and reallocation
- Contract processing
- 1. Contract modification handling
- 2. Performance obligation fulfillment
|
| Revenue Management Cloud Service Fundamentals | - Core concepts of Revenue Management Cloud
- 1. Subscription and contract revenue concepts
- 2. Revenue lifecycle and recognition principles
- Revenue standards overview
- 1. Performance obligations identification
- 2. IFRS 15 / ASC 606 principles
|
| 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
|
| 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
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q23-Q28):
NEW QUESTION # 23
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?
- A. when the sales order Is booked on 14-Sep-2017
- B. when the product is shipped on 15-Sep-2017
- C. when the consultant is deployed to assist customer on 10-Sep-2017
- D. when an invoice is issued on 20-Sep-2017
Answer: C
NEW QUESTION # 24
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. creates customer contracts and performance obligations
- B. allocates the SSP to various performance obligations
- C. recognizes revenue if any satisfaction events exist
- D. allocates the SSP to various satisfaction events
- E. creates the accounting for the stages in the process
Answer: E
NEW QUESTION # 25
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?
- A. By defining a Revenue Item Group
- B. By defining a Performance Obligation Template.
- C. By defining a Standalone Selling Price Profile.
- D. By defining a Contact Identification Rule.
Answer: A
NEW QUESTION # 26
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
- A. Revenue Management can only integrate to Fusion Receivables.
- B. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
- C. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue
- D. You can define date filters in order to consider only relevant data needed to comply with the
Answer: A,D
NEW QUESTION # 27
What is a Standalone Selling Price (SSP)?
- A. the price you would use if you sold to a customer separately
- B. the average of your bundled price
- C. the list price
- D. the sum of the SSPs of the components
Answer: A
NEW QUESTION # 28
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