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| Section | Weight | Objectives |
|---|
| Revenue Reporting and Analytics | 22% | - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting
|
| Revenue Contracts and Performance Obligations | 24% | - Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services
|
| Revenue Recognition and Accounting Rules | 26% | - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods
|
| Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q68-Q73):
NEW QUESTION # 68
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?
- A. Source Document Type
- B. Freeze Period
- C. Priority
- D. Default Classification
Answer: C
NEW QUESTION # 69
Which is NOT a Price Band Type?
- A. Set Band
- B. Amount Band
- C. Percentage Band
- D. Quantity Band
Answer: C
NEW QUESTION # 70
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?
- A. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
- B. Expected consideration value is applicable to all industries.
- C. Pricing estimates cannot be used In the absence of pricing data.
- D. Revenue and performance obligation liabilities are not dependent on billing.
Answer: B,C
NEW QUESTION # 71
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
- A. Contract Liability
- B. Contract Clearing
- C. Contract Revenue
- D. Contract Price Variance
- E. Contract Expense
- F. Contract Asset
Answer: E
NEW QUESTION # 72
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. Analysis
- B. Infolets
- C. Dashboards
- D. Infotile
Answer: A,C
NEW QUESTION # 73
......
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