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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q74-Q79):

NEW QUESTION # 74
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 # 75
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

A. You can define date filters in order to consider only relevant data needed to comply with the
B. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue
C. Revenue Management can only integrate to Fusion Receivables.
D. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

Answer: A,C

NEW QUESTION # 76
Which is NOT a required piece of information when importing contract header Information from a source file?

A. Source Document Type code
B. Date of Source Document
C. Source System
D. Source Document Unique Identifier Number 1
E. Currency code of source document
F. Record Type

Answer: D

NEW QUESTION # 77
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. Initial Performance
B. Revenue Recognized
C. Performance Obligation Satisfied
D. Standalone Selling Prices Allocated
E. Performance Obligation Billed

Answer: A,B,C

NEW QUESTION # 78
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 "Quantity"
B. by setting SM to "Allow Partial" 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 "Period"
E. by setting SM to "Requires Complete" and SMM to "Quantity"

Answer: D

NEW QUESTION # 79
......

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q74-Q79):

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