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| Topic |
Details |
| Topic 1 |
- Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
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| Topic 2 |
- Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.
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| Topic 3 |
- Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
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| Topic 4 |
- Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
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| Topic 5 |
- Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q10-Q15):
NEW QUESTION # 10
You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:
How many contracts will be created In Revenue Management?
Answer: C
NEW QUESTION # 11
Which configuration component is Source Document Type NOT connected to?
- A. Revenue Management System Options
- B. Performance Obligation Template
- C. Revenue Price Profile
- D. Performance Obligation Identification Rules
- E. Contract Identification Rules
Answer: C
NEW QUESTION # 12
Which three tasks can be performed In the Revenue Management Work Area?
- A. Manage contracts in "Pending Review" status.
- B. Review Observed Standalone Selling Prices.
- C. Review Performance Satisfaction Plans.
- D. Review Revenue Price Profiles.
- E. Edit Contract Identification Rules.
- F. Manage contracts in "Pending Allocation" status.
Answer: A,B,F
NEW QUESTION # 13
Which three statements about Effective Periods are true?
- A. Effective Periods only define the rage where standalone selling prices of an item should be effective.
- B. You cannot have overlapping periods.
- C. Gaps between periods are not allowed.
- D. Effective Periods are used for standalone selling prices and for creating journal entries.
- E. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
Answer: A,B,C
NEW QUESTION # 14
Which is NOT a required piece of information when importing contract header Information from a source file?
- A. Source Document Unique Identifier Number 1
- B. Record Type
- C. Currency code of source document
- D. Date of Source Document
- E. Source System
- F. Source Document Type code
Answer: A
NEW QUESTION # 15
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