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NEW QUESTION 1
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
- A. Smart View
- B. Business Intelligence Publisher
- C. Oracle Transactional Business Intelligence
- D. Reporting Studio
Answer: B
NEW QUESTION 2
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill…….
What is the difference between Selling Amount and Allocated Amount?
- A. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amoun
- B. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
- C. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document uploa
- D. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
- E. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculatio
- F. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
- G. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amoun
- H. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
Answer: B
NEW QUESTION 3
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 4
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 5
What is a Performance Obligation?
- A. a combination of customer type and product code
- B. a product code or SKU
- C. a promise to a customer on which either party has acted
- D. a promise to a customer
Answer: D
NEW QUESTION 6
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 7
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. HTML
- B. PowerPoint
- C. Flat File
- D. PDF
Answer: C
NEW QUESTION 8
Which statement is NOT applicable to Performance Obligation Templates?
- A. Oracle delivers three predefined Performance Obligation Templates,
- B. Performance Obligation Templates are specific to the business and cannot be predefined.
- C. Performance Obligation Templates take precedence over Performance Obligation Rules.
- D. Performance Obligation Templates can be associated to a Revenue Price Profil
Answer: A
NEW QUESTION 9
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 10
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?
- A. Oracle Revenue Management Cloud
- B. Oracle Receivables
- C. Oracle General Ledger
- D. Oracle Subledger Accounting
Answer: AC
NEW QUESTION 11
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
- A. You accrue for goods and services that you owe to customers because either you or they have relied on the contrac
- B. You no longer defer revenue.
- C. You value the accrual at estimated consideration and it is a monetary debt.
- D. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
- E. You calculate the liability at inception and book it when either party act
- F. An Act could be shipping or invoicing.
- G. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
Answer: C
NEW QUESTION 12
In Revenue Management the Selling Amount and Allocated Amount may be different. How does
Revenue Management account for this difference?
- A. It tracks the difference in a Discount Allocation Account at the contract line level.
- B. It tracks the difference in a Write-off Allocation Account at the contract level.
- C. It tracks the difference In a Discount Allocation Account at the contract level.
- D. It Tracks the difference in a Write-Off Allocation Account at the contract line leve
Answer: C
NEW QUESTION 13
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 14
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
- A. Suppliers
- B. Business Units
- C. Customers
- D. Inventory items
- E. Receivables configurations
- F. Banks, branches and bank accounts
Answer: BCD
NEW QUESTION 15
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 16
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 17
Which three statements about Effective Periods are true?
- A. If effective periods are not define
- B. Revenue Management uses the General Ledger calendar.
- C. Effective Periods are used for standalone selling prices and for creating journal entries.
- D. Gaps between periods are not allowed.
- E. You cannot have overlapping periods.
- F. Effective Periods only define the rage where standalone selling prices of an item should be effective.
Answer: CDE
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