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| Section | Objectives |
|---|
| Topic 1: Integration and Reporting | - Integration with Oracle Cloud ERP
- 1. Subledger accounting integration
- 2. Source systems data ingestion
- Reporting and analytics
- 1. Revenue dashboards and reports
- 2. Period close reporting
|
| Topic 2: Implementation and Configuration | - Pricing and allocation rules
- 1. Standalone selling price (SSP) configuration
- 2. Revenue allocation rules setup
- Setup and functional configuration
- 1. Revenue management setup tasks
- 2. Source document and transaction mapping
|
| Topic 3: 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
|
| Topic 4: 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 (Q65-Q70):
NEW QUESTION # 65
Which is NOT a Price Band Type?
- A. Quantity Band
- B. Set Band
- C. Amount Band
- D. Percentage Band
Answer: D
NEW QUESTION # 66
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 product is shipped on 15-Sep-2017
- B. when the sales order Is booked on 14-Sep-2017
- C. when an invoice is issued on 20-Sep-2017
- D. when the consultant is deployed to assist customer on 10-Sep-2017
Answer: D
NEW QUESTION # 67
Which three attributes are helpful in defining a Contract Identification Rule?
- A. Quote Number
- B. Delivery Address
- C. Bill To Customer
- D. Business Unit
- E. Ledger
- F. Product Description
Answer: A,B,F
NEW QUESTION # 68
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Liability
- B. Contract Asset
- C. Contract Discount
- D. Contract Unearned Revenue
Answer: D
NEW QUESTION # 69
How many tabs does the Customer Contract Source Data Import Template have?
- A. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
- B. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
- C. four tabs that store data for the
- D. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
Answer: A
Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details
NEW QUESTION # 70
......
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