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Oracle Revenue Management Cloud Service 2022 Implementation Professional Sample Questions (Q61-Q66):
NEW QUESTION # 61
What does the creation of an allocation allow you to determine?
- A. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- B. the ability not to revise previously reported revenue for revision, corrections, and other changes
- C. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- D. the fair value of each performance obligation
NEW QUESTION # 62
Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Diagnose revenue price profile.
- B. Monitor transaction price calculation and allocation.
- C. Review performance obligations by effective period.
- D. Drill down to data used to derive standalone selling prices.
- E. Analyze standalone selling prices for one or multiple effective periods.
NEW QUESTION # 63
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
- A. Contract Expense
- B. Contract Price Variance
- C. Contract Asset
- D. Contract Clearing
- E. Contract Revenue
- F. Contract Liability
NEW QUESTION # 64
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?
- A. Sales order line level data.
- B. Performance obligation satisfaction event details.
- C. Sub contract level details.
- D. Sales order header level data.
NEW QUESTION # 65
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
- A. Two Step Allocation Method
- B. Residual Allocation Method
- C. Inverted Allocation Method
- D. Relative Allocation Method
- E. Alternative Allocation Method
NEW QUESTION # 66
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