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NEW QUESTION 45
At which level does Oracle Revenue management perform accounting?

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

Answer: B

NEW QUESTION 46
Why Is Satisfaction Method a key element of a Performance Obligation?

• A. because it specifies whether revenue has been fully or partially recognized for a good or service
• B. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
• C. because it calculates the percentage of Total Transaction Price allocated to date
• D. because it calculates the amount of Total Transaction Price allocated to date

Answer: B

NEW QUESTION 47
Which method is used to allocate total transaction price across performance obligations in Revenue Management?

• A. Residual Allocation Method
• B. Two Step Allocation Method
• C. Alternative Allocation Method
• D. Inverted Allocation Method
• E. Relative Allocation Method

Answer: B

NEW QUESTION 48
Which is a term under ASC 606 or IFRS 15?

• A. requires complete
• B. initial performance event
• C. transaction price
• D. promise detail

Answer: C

NEW QUESTION 49
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

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

Answer: B,C

NEW QUESTION 50
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