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| Section | Objectives |
|---|
| Implementation and Configuration | - Pricing and allocation rules
- 1. Standalone selling price (SSP) configuration
- 2. Revenue allocation rules setup
- Setup and functional configuration
- 1. Source document and transaction mapping
- 2. Revenue management setup tasks
|
| Revenue Recognition Processing | - Contract processing
- 1. Contract modification handling
- 2. Performance obligation fulfillment
- Revenue recognition events
- 1. Revenue adjustments and reallocation
- 2. Revenue scheduling and accounting entries
|
| Integration and Reporting | - Integration with Oracle Cloud ERP
- 1. Subledger accounting integration
- 2. Source systems data ingestion
- Reporting and analytics
- 1. Period close reporting
- 2. Revenue dashboards and reports
|
| 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
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q19-Q24):
NEW QUESTION # 19
What is a Standalone Selling Price (SSP)?
- A. the sum of the SSPs of the components
- B. the list price
- C. the price you would use if you sold to a customer separately
- D. the average of your bundled price
Answer: C
NEW QUESTION # 20
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?
- A. Initial Performance
- B. Performance Obligation Billed
- C. Revenue Recognized
- D. Standalone Selling Prices Allocated
- E. Performance Obligation Satisfied
Answer: A,C,E
NEW QUESTION # 21
Which three statements about Effective Periods are true?
- A. Effective Periods only define the rage where standalone selling prices of an item should be effective.
- B. You cannot have overlapping periods.
- C. Gaps between periods are not allowed.
- D. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
- E. Effective Periods are used for standalone selling prices and for creating journal entries.
Answer: A,B,C
NEW QUESTION # 22
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. transaction price derived from the source system line import
- B. transaction price distributed to each performance obligation
- C. revenue recognized for each performance obligation
- D. stand-alone selling price assigned to the promised detail line
Answer: B
NEW QUESTION # 23
Which is Not a required piece of information when importing contract header information from a source file?
- A. Record Type
- B. Currency code of source document
- C. Date of source Document
- D. Source Document Type code
- E. Source Document Unique Identifier Number 1
- F. Source System
Answer: E
NEW QUESTION # 24
......
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