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Oracle Revenue Management Cloud Service 2022 Implementation Professional Sample Questions (Q38-Q43):

NEW QUESTION # 38
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

• A. Contract Clearing
• B. Contract Expense
• C. Contract Revenue
• D. Contract Asset
• E. Contract Price Variance
• F. Contract Liability

Answer: B
NEW QUESTION # 39
Oracle Revenue Management is part of_____________________predefined offering.

• A. Enterprise Contracts
• B. Fusion Accounting Hub
• C. Incentive Compensation
• D. Financials

Answer: D
NEW QUESTION # 40
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. Deal Size Band
• B. Amount Band
• C. Set Band
• D. Quantity Band

Answer: B
NEW QUESTION # 41
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

• A. transaction price derived from the source system line import
• B. transaction price distributed to each performance obligation
• C. stand-alone selling price assigned to the promised detail line
• D. revenue recognized for each performance obligation

Answer: B
NEW QUESTION # 42
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

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

Answer: A,D Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853
NEW QUESTION # 43
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