NEW QUESTION 1
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

• A. when a pricing dimension structure is enabled for pricing bands
• B. when a source document type is enabled to use pricing bands
• C. when a pricing dimension structure Instance Is enabled for pricing bands
• D. when a value set segment label of Set Band is used

Answer: A

NEW QUESTION 2
Which three attributes are helpful in defining a Contract Identification Rule?

• A. Product Description
• B. Quote Number
• C. Delivery Address
• D. Bill To Customer
• E. Ledger
• F. Business Unit

Answer: ABD

NEW QUESTION 3
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

• A. Performance Obligation Satisfied
• B. Performance Obligation Billed
• C. Initial Performance
• D. Revenue Recognized
• E. Standalone Selling Prices Allocated

Answer: ACD

NEW QUESTION 4
Which is NOT a required piece of information when importing contract header Information from a
source file?

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

Answer: A

NEW QUESTION 5
What does the creation of an allocation allow you to determine?

• A. the ability not to revise previously reported revenue for revision, corrections, and other changes
• B. the fair value of each performance obligation
• C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
• D. an allocation of the expected consideration over the performance obligations as if you had sold them separately

Answer: B

NEW QUESTION 6
What is a Standalone Selling Price (SSP)?

• A. the average of your bundled price
• B. the sum of the SSPs of the components
• C. the list price
• D. the price you would use if you sold to a customer separately

Answer: D

NEW QUESTION 7


What is the correct match sequence of the descriptions A, B and C against the titles?

• A. B, C, A
• B. A, C, B
• C. C, B, A
• D. C, A, B
• E. A, B, C
• F. B, A, C

Answer: B

NEW QUESTION 8
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

• A. by identifying and creating one or more performance obligations for a given accounting contract
• B. by calculating Total Transaction Price for contracts
• C. by only creating contracts that are source system specific
• D. by allowing manual allocation of Total Transaction Price across performance obligations
• E. by restricting users from excluding contract lines
• F. by grouping source document lines intro contracts for each identified customer

Answer: ABF

NEW QUESTION 9
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

• A. 60 User Extensible Fields
• B. 10 User Extensible Fields
• C. 90 User Extensible Fields
• D. 50 User Extensible Fields

Answer: C

NEW QUESTION 10
When Is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

• A. when the Deferred Revenue box is checked
• B. when it is a business requirement
• C. when Context Values are populated
• D. when the Type is Fixed or Variable

Answer: D

NEW QUESTION 11
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

• A. require complete
• B. allow partial
• C. allow complete
• D. require partial

Answer: AB

NEW QUESTION 12
After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?

• A. Identify Customer Contract Based on Party
• B. Identify Customer Contract Based on Source Document Line
• C. Identify Customer Contract Based on Source Document
• D. Identify Customer Contract Based on Source System

Answer: A

NEW QUESTION 13
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

• A. Observed Standalone Selling Prices
• B. Estimated Standalone Selling Prices
• C. Pricing Dimension Assignment
• D. SSP Tolerance Usage
• E. Items

Answer: ACE

NEW QUESTION 14
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 total Transaction Price is over the user-defined threshold amount.
• B. The contract is missing standalone selling prices at the promised detail level or at obligation level.
• C. The contract is missing satisfaction events.
• D. The contract is missing Billing dat

Answer: A

NEW QUESTION 15
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. Deal Size Band
• C. Set Band
• D. Quantity Band

Answer: A

NEW QUESTION 16
Given your organization's Interactions with one of Its customers:
* A consultant is deployed to assist customer on 10-Sep-2021.
* A Sales order Is booked on 14-Sep-2021.
* The Product is shipped on 15-Sep-2021. An invoice is issued on 20-Sep-2021. When do you accrue the contract liability?

• A. when the consultant is deployed to assist customer on 10-Sep-2021
• B. when the product is shipped on 15-Sep-2021
• C. when the sales order Is booked on 14-Sep-2021
• D. when an invoice is issued on 20-Sep-2021

Answer: B

NEW QUESTION 17
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs. Which attribute needs to be updated to achieve this objective?

• A. Freeze Period
• B. Default Classification
• C. Source Document Type
• D. Priority

Answer: D

NEW QUESTION 18
Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

• A. Apply appropriate patches to EBS.
• B. Run the Deploy System Options process.
• C. Set the Profile Option AR: Source System Value for Revenue Management.
• D. Map the EBS Chart of Accounts to the Cloud General Ledger.
• E. Set the System Options in EBS Receivables on the Revenue Management ta

Answer: BD

NEW QUESTION 19
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. pricing bands
• B. a pricing dimension structure
• C. the source document types
• D. a pricing dimension structure instance

Answer: A

NEW QUESTION 20
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

• A. Fixed Schedule
• B. Variable Schedule
• C. Daily Revenue Rate, All Periods
• D. Daily Revenue Rate, Partial Periods
• E. Partial Schedule
• F. Daily Revenue Rate

Answer: A

NEW QUESTION 21
One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
What is the name of this spreadsheet template?

• A. Customer Contract Source Documents Import
• B. Customer Sales Source Data Import
• C. Customer Contract Source Data Import
• D. Customer Sales Data Source Documents Import

Answer: C

NEW QUESTION 22
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

• A. your invoiced goods and services less those goods and services that you have not yet delivered
• B. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
• C. Unearned Revenue
• D. your debt to customers for goods and services you are obliged to deliver to them by either party acting

Answer: B

NEW QUESTION 23
Which is a term under ASC 606 or IFRS 15?

• A. transaction price
• B. promise detail
• C. initial performance event
• D. requires complete

Answer: B

NEW QUESTION 24
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

• A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
• B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
• C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
• D. Run the Calculate Observed Standalone Selling Prices program to derive price

Answer: C

NEW QUESTION 25
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