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Oracle Revenue Management Cloud Service 2022 Implementation Professional Sample Questions (Q53-Q58):

NEW QUESTION # 53
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. Standalone Selling Prices Allocated
• B. Revenue Recognized
• C. Initial Performance
• D. Performance Obligation Satisfied
• E. Performance Obligation Billed

Answer: B,C,D
NEW QUESTION # 54
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: C
NEW QUESTION # 55
Oracle Revenue Management is part of_____________________predefined offering.

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

Answer: A
NEW QUESTION # 56
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. Estimated Standalone Selling Prices
• B. Observed Standalone Selling Prices
• C. Items
• D. Pricing Dimension Assignment
• E. SSP Tolerance Usage

Answer: A,B,D
NEW QUESTION # 57
At which level does Oracle Revenue management perform accounting?

• A. Legal entity level
• B. Performance obligation level
• C. Contract level

Answer: B
NEW QUESTION # 58
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