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| Section | Objectives |
|---|---|
| Revenue Recognition and Accounting Rules | - Adjustments and reallocation scenarios - Standalone selling price allocation - Revenue recognition models |
| System Configuration and Setup | - Enterprise structures and accounting setup - Initial setup and configuration options |
| Revenue Contracts and Performance Obligations | - Identification of performance obligations - Contract creation and management - Revenue allocation rules |
| Oracle Revenue Management Cloud Service Overview | - Core concepts of Revenue Management Cloud Service - Business use cases and industry applications |
| Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation |
| Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities |
Which statement is NOT applicable to Performance Obligation Templates?
Correct Answer: D 🗳️
How can you access an implementation task in Functional Setup Manager. (choose 3)
Correct Answer: B,C,D 🗳️
What is a Standalone Selling Price (SSP)?
Correct Answer: A 🗳️
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
Correct Answer: E 🗳️
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?
Correct Answer: E 🗳️
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