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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Troubleshooting | - Standard reporting capabilities - Error handling and reconciliation |
| Topic 2: Revenue Recognition and Accounting Rules | - Standalone selling price allocation - Adjustments and reallocation scenarios - Revenue recognition models |
| Topic 3: System Configuration and Setup | - Initial setup and configuration options - Enterprise structures and accounting setup |
| Topic 4: Integration and Data Flow | - Source data ingestion and transformation - Integration with Oracle ERP Cloud |
| Topic 5: Revenue Contracts and Performance Obligations | - Revenue allocation rules - Contract creation and management - Identification of performance obligations |
| Topic 6: Oracle Revenue Management Cloud Service Overview | - Core concepts of Revenue Management Cloud Service - Business use cases and industry applications |
1. 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 rule on the customer class
B) By defining an exclusion rule to exclude customer classes that are "Retail"
C) By defining an item group and assigning that to the rule
D) 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
E) 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
2. A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:
Which Price Band Segment Label would be appropriate to use in this case?
A) Amount Band
B) Set Band
C) Deal Size Band
D) Quantity Band
3. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?
A) Oracle General Ledger
B) Oracle Subledger Accounting
C) Oracle Revenue Management Cloud
D) Oracle Receivables
4. Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
A) You can choose which Transaction Sources in Fusion Receivables integrate to Revenue
B) Revenue Management can only integrate to Fusion Receivables.
C) You can define date filters in order to consider only relevant data needed to comply with the
D) You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
5. When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?
A) when the Satisfaction Measurement Model is set to Period
B) when the Satisfaction Measurement Model Is set to Percentage
C) when the Satisfaction Measurement Model is set to Quantity
D) when the Satisfaction Measurement Model is set to Amount
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: A | Question # 3 Answer: B,C | Question # 4 Answer: B,C | Question # 5 Answer: A |
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