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| Topic |
Details |
| Topic 1 |
- 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 2 |
- 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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| Topic 3 |
- 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 4 |
- 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 5 |
- 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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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q32-Q37):
NEW QUESTION # 32
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?
- A. Sales order line level data.
- B. Performance obligation satisfaction event details.
- C. Sub contract level details.
- D. Sales order header level data.
Answer: B
NEW QUESTION # 33
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. PowerPoint
- B. HTML
- C. Flat File
- D. PDF
Answer: C
NEW QUESTION # 34
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. allocates the SSP to various satisfaction events
- B. allocates the SSP to various performance obligations
- C. creates customer contracts and performance obligations
- D. recognizes revenue if any satisfaction events exist
- E. creates the accounting for the stages in the process
Answer: E
NEW QUESTION # 35
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. pricing bands
- C. the source document types
- D. a pricing dimension structure instance
Answer: B
NEW QUESTION # 36
Which is NOT a predefined Accounting Class for Revenue Management?
- A. Contract Unearned Revenue
- B. Contract Liability
- C. Contract Discount
- D. Contract Asset
Answer: A
NEW QUESTION # 37
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