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Download Oracle Revenue Management Cloud Service 2022 Implementation Professional Exam Dumps

NEW QUESTION 35
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure
Revenue management to ensure that these items are grouped into one performance obligation?

  • A. By defining a Contact Identification Rule.
  • B. By defining a Standalone Selling Price Profile.
  • C. By defining a Revenue Item Group
  • D. By defining a Performance Obligation Template.

Answer: C

 

NEW QUESTION 36
What does a Variable Consideration require?

  • A. a disclosure be made to the shareholders
  • B. that the consideration be monetary
  • C. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
  • D. an estimate of the consideration be made at inception only

Answer: D

Explanation:
https://cloud.oracle.com/opc/saas/RevMgmt/r12/wn/r12-revenue-wn.pdf (p.15)

 

NEW QUESTION 37
Which, when transferred to a customer, allows you to recognize revenue?

  • A. an invoice
  • B. promise detail
  • C. a performance obligation
  • D. a shipment

Answer: C

 

NEW QUESTION 38
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

  • A. Tolerance ranges
  • B. Performance Obligation Template
  • C. SSP Type
  • D. Item Identifier
  • E. Reason
  • F. Pricing Dimension

Answer: A,C,F

 

NEW QUESTION 39
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 Asset
  • C. Contract Revenue
  • D. Contract Liability
  • E. Contract Expense
  • F. Contract Price Variance

Answer: E

 

NEW QUESTION 40
……

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