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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q11-Q16):

NEW QUESTION # 11
Which configuration component is Source Document Type NOT connected to?

A. Contract Identification Rules
B. Revenue Management System Options
C. Revenue Price Profile
D. Performance Obligation Identification Rules
E. Performance Obligation Template

Answer: C

NEW QUESTION # 12
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A. Oracle Receivables
B. Oracle Revenue Management Cloud
C. Oracle General Ledger
D. Oracle Subledger Accounting

Answer: B,D

NEW QUESTION # 13
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

A. Item Identifier
B. Tolerance ranges
C. SSP Type
D. Reason
E. Pricing Dimension
F. Performance Obligation Template

Answer: B,C,E

NEW QUESTION # 14
Oracle Revenue Management is part of_____________________predefined offering.

A. Incentive Compensation
B. Fusion Accounting Hub
C. Financials
D. Enterprise Contracts

Answer: C

NEW QUESTION # 15
What does the creation of an allocation allow you to determine?

A. an allocation of the expected consideration over the performance obligations as if you had sold them separately
B. the ability not to revise previously reported revenue for revision, corrections, and other changes
C. the fair value of each performance obligation
D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later

Answer: C

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm

NEW QUESTION # 16
......

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