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| Section | Objectives |
|---|---|
| Revenue Recognition and Accounting Rules | - Standalone selling price allocation - Adjustments and reallocation scenarios - Revenue recognition models |
| Reporting and Troubleshooting | - Standard reporting capabilities - Error handling and reconciliation |
| Revenue Contracts and Performance Obligations | - Revenue allocation rules - Contract creation and management - Identification of performance obligations |
| Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation |
| Oracle Revenue Management Cloud Service Overview | - Business use cases and industry applications - Core concepts of Revenue Management Cloud Service |
| System Configuration and Setup | - Enterprise structures and accounting setup - Initial setup and configuration options |
1. A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
A) a pricing dimension structure
B) the source document types
C) a pricing dimension structure instance
D) pricing bands
2. Which is Not a required piece of information when importing contract header information from a source file?
A) Currency code of source document
B) Record Type
C) Source Document Type code
D) Source System
E) Date of source Document
F) Source Document Unique Identifier Number 1
3. The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
A) HTML
B) PDF
C) Flat File
D) PowerPoint
4. 65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?
A) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
B) By defining an exclusion rule to exclude customer classes that are "Retail"
C) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
D) By defining a grouping rule on the customer class
E) By defining an item group and assigning that to the rule
5. Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?
A) General Ledger journal creation
B) centralized accounting solution
C) multiple accounting representations
D) stand-alone selling price derivation
E) revaluation of assets and liabilities
F) General Ledger account derivation based on predefined events
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: F | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A,C,E |
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