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| Section | Objectives |
|---|---|
| Topic 1: Integration and Data Flow | - Source data ingestion and transformation - Integration with Oracle ERP Cloud |
| Topic 2: System Configuration and Setup | - Initial setup and configuration options - Enterprise structures and accounting setup |
| Topic 3: Revenue Recognition and Accounting Rules | - Adjustments and reallocation scenarios - Standalone selling price allocation - Revenue recognition models |
| Topic 4: Revenue Contracts and Performance Obligations | - Identification of performance obligations - Contract creation and management - Revenue allocation rules |
| Topic 5: Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities |
| Topic 6: Oracle Revenue Management Cloud Service Overview | - Core concepts of Revenue Management Cloud Service - Business use cases and industry applications |
1. 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) Freeze Period
C) Priority
D) Source Document Type
2. 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) 4
B) 5
C) 3
D) 6
3. How can you access an implementation task in Functional Setup Manager. (choose 3)
A) By searching
B) By navigation to an offering's functional area
C) By navigating from the Implementation Project
D) By navigating from the Welcome Springboard
4. Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
A) Contract Asset
B) Contract Clearing
C) Contract Revenue
D) Contract Expense
E) Contract Liability
F) Contract Price Variance
5. Which three attributes are helpful in defining a Contract Identification Rule?
A) Business Unit
B) Quote Number
C) Bill To Customer
D) Product Description
E) Ledger
F) Delivery Address
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A,B,C | Question # 4 Answer: D | Question # 5 Answer: B,D,F |
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