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Oracle Revenue Management Cloud Service 2022 Implementation Professional Sample Questions (Q74-Q79):

NEW QUESTION # 74
Which two are intended uses for the Standalone Selling Price Report Dashboard?

  • A. Monitor transaction price calculation and allocation.
  • B. Drill down to data used to derive standalone selling prices.
  • C. Review performance obligations by effective period.
  • D. Diagnose revenue price profile.
  • E. Analyze standalone selling prices for one or multiple effective periods.

Answer: D,E


NEW QUESTION # 75
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

  • A. when the product is shipped on 15-Sep-2017
  • B. when the consultant is deployed to assist customer on 10-Sep-2017
  • C. when an invoice is issued on 20-Sep-2017
  • D. when the sales order Is booked on 14-Sep-2017

Answer: B


NEW QUESTION # 76
At which level does Oracle Revenue management perform accounting?

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

Answer: B


NEW QUESTION # 77
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

  • A. Reject contract
  • B. Void contract
  • C. Reject line
  • D. Reverse line
  • E. Preserve contract

Answer: A,C

Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm


NEW QUESTION # 78
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

  • A. Oracle Receivables
  • B. Oracle Subledger Accounting
  • C. Oracle General Ledger
  • D. Oracle Revenue Management Cloud

Answer: B,D


NEW QUESTION # 79
......

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