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| Section | Weight | Objectives |
|---|---|---|
| Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Configure Revenue Management application components - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules |
| Revenue Contracts and Performance Obligations | 24% | - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations |
| Revenue Recognition and Accounting Rules | 26% | - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices |
| Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports |
1. A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?
A) Format Only
B) Subset
C) Dependent
D) Independent
E) Table
2. How can you access an implementation task in Functional Setup Manager. (choose 3)
A) By navigation to an offering's functional area
B) By searching
C) By navigating from the Welcome Springboard
D) By navigating from the Implementation Project
3. Which statement is NOT applicable to Performance Obligation Templates?
A) Performance Obligation Templates can be associated to a Revenue Price Profile.
B) Performance Obligation Templates are specific to the business and cannot be predefined.
C) Oracle delivers three predefined Performance Obligation Templates,
D) Performance Obligation Templates take precedence over Performance Obligation Rules.
4. Why are Source Document Type Codes required when defining Source Document Types?
A) Because they are Revenue Management Descriptive Flexfields.
B) Because they are needed for integration with Product Management.
C) Because they provide uniqueness to the Source Document Types.
D) Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
5. 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 item group and assigning that to the rule
C) By defining an exclusion rule to exclude customer classes that are "Retail"
D) By defining a grouping rule on the customer class
E) 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
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,B,D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
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