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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:

1. 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) two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
C) four tabs that store data for the
D) one tab that stores data for the VRM_SOURCE_DOCUMENTS table

2. 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

3. 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 the same value for that attribute
B) 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
C) By defining an item group and assigning that to the rule
D) By defining an exclusion rule to exclude customer classes that are "Retail"
E) By defining a grouping rule on the customer class

4. At which level does Oracle Revenue management perform accounting?

A) Legal entity level
B) Performance obligation level
C) Contract level

5. The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A) The contract is missing Billing data.
B) The contract is missing satisfaction events.
C) The total Transaction Price is over the user-defined threshold amount.
D) The contract is missing standalone selling prices at the promised detail level or at obligation level.

Solutions: