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| Section | Objectives |
|---|
| System Configuration and Setup | - Enterprise structures and accounting setup - Initial setup and configuration options
|
| Revenue Recognition and Accounting Rules | - Standalone selling price allocation - Revenue recognition models - Adjustments and reallocation scenarios
|
| Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities
|
| Revenue Contracts and Performance Obligations | - Identification of performance obligations - Revenue allocation rules - Contract creation and management
|
| Oracle Revenue Management Cloud Service Overview | - Core concepts of Revenue Management Cloud Service - Business use cases and industry applications
|
| Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q79-Q84):
NEW QUESTION # 79
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?
- A. The Query Required option
- B. The shape: Same nunmber of segments and order
- C. Wether Dynamic Combination Creation Allowed is enabled
- D. The Displayed option
- E. The value sets
Answer: B,E
NEW QUESTION # 80
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
- A. Business Intelligence Publisher
- B. Oracle Transactional Business Intelligence
- C. Smart View
- D. Reporting Studio
Answer: A
NEW QUESTION # 81
What is a contract modification?
- A. a change (modification) to the contract data
- B. a change to the contract caused by negotiation with the customer
- C. an increase or decrease in expected collectability
- D. a revision or correction to the estimate of variable consideration made at inception
Answer: B
NEW QUESTION # 82
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
- A. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
- B. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
- C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
- D. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
- E. You value the accrual at estimated consideration and it is a monetary debt.
Answer: B
NEW QUESTION # 83
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
- A. Reject contract
- B. Reject line
- C. Void contract
- D. Preserve contract
- E. Reverse line
Answer: A,B
Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm
NEW QUESTION # 84
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