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| Section | Objectives |
|---|---|
| Revenue Recognition and Accounting Rules | - Revenue recognition models - Adjustments and reallocation scenarios - Standalone selling price allocation |
| Oracle Revenue Management Cloud Service Overview | - Business use cases and industry applications - Core concepts of Revenue Management Cloud Service |
| System Configuration and Setup | - Enterprise structures and accounting setup - Initial setup and configuration options |
| Revenue Contracts and Performance Obligations | - Identification of performance obligations - Revenue allocation rules - Contract creation and management |
| Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities |
| Integration and Data Flow | - Source data ingestion and transformation - Integration with Oracle ERP Cloud |
Question 1
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?
A. SSP Type
B. Item Identifier
C. Reason
D. Performance Obligation Template
E. Tolerance ranges
F. Pricing Dimension
Question 2
Which three tasks are associated with defining a Pricing Dimension Structure?
A. Analyze pricing policies across products and services.
B. Define up to 30 segments and name them.
C. Define up to 20 segments and name them.
D. Include user friendly prompts for each segment.
E. Assign required segment labels to each segment.
F. Create multiple instances for a given Pricing Dimension Structure.
Question 3
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?
A. by setting SM to "Allow Partial" and SMM to "Period"
B. by setting SM to "Requires Complete" and SMM to "Period"
C. by setting SM to "Requires Complete" and SMM to "Percent"
D. by setting SM to "Requires Complete" and SMM to "Quantity"
E. by setting SM to "Allow Partial" and SMM to "Quantity"
Question 4
Which statement Is True regarding the Customer Contract Source Data Import Template?
A. It is a custom template that you are required to build.
B. It is a predefined Excel FBDI template.
C. It Is a predefined HTML FBDI template.
D. It is a predefined Java FBDI template.
Question 5
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. Default Classification
B. Source Document Type
C. Priority
D. Freeze Period
Solutions:
| Question 1 Answer: A,E,F | Question 2 Answer: A,B,E | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: C |
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