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| Section | Weight | Objectives |
|---|
| Topic 1: Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services
|
| Topic 2: Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures
|
| Topic 3: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Monitor and reconcile revenue balances and accounting data
|
| Topic 4: Revenue Recognition and Accounting Rules | 26% | - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q47-Q52):
NEW QUESTION # 47
Which three statements about Effective Periods are true?
- A. You cannot have overlapping periods.
- B. Effective Periods are used for standalone selling prices and for creating journal entries.
- C. Effective Periods only define the rage where standalone selling prices of an item should be effective.
- D. Gaps between periods are not allowed.
- E. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
Answer: A,C,D
NEW QUESTION # 48
Which statement is NOT applicable to Performance Obligation Templates?
- A. Oracle delivers three predefined Performance Obligation Templates,
- B. Performance Obligation Templates are specific to the business and cannot be predefined.
- C. Performance Obligation Templates can be associated to a Revenue Price Profile.
- D. Performance Obligation Templates take precedence over Performance Obligation Rules.
Answer: A
NEW QUESTION # 49
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
- A. by calculating Total Transaction Price for contracts
- B. by only creating contracts that are source system specific
- C. by grouping source document lines intro contracts for each identified customer
- D. by restricting users from excluding contract lines
- E. by identifying and creating one or more performance obligations for a given accounting contract
- F. by allowing manual allocation of Total Transaction Price across performance obligations
Answer: B,C,F
NEW QUESTION # 50
Which is a term under ASC 606 or IFRS 15?
- A. transaction price
- B. requires complete
- C. promise detail
- D. initial performance event
Answer: A
NEW QUESTION # 51
Which is the following is NOT a feature of personalization
- A. Selecting default language
- B. Saving searches
- C. Configuring table columns
- D. Changing text font
Answer: D
NEW QUESTION # 52
......
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