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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:

1. Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

A) transaction price derived from the source system line import
B) stand-alone selling price assigned to the promised detail line
C) transaction price distributed to each performance obligation
D) revenue recognized for each performance obligation

2. A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

A) Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
B) Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
C) Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
D) Run the Calculate Observed Standalone Selling Prices program to derive prices.
E) Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
F) Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.

3. You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

A) 4
B) 5
C) 6
D) 3

4. Which is Not a required piece of information when importing contract header information from a source file?

A) Currency code of source document
B) Source System
C) Date of source Document
D) Source Document Unique Identifier Number 1
E) Source Document Type code
F) Record Type

5. Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A) allow partial
B) allow complete
C) require partial
D) require complete

Solutions: