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| Section | Weight | Objectives |
|---|---|---|
| Revenue Contracts and Performance Obligations | 24% | - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications |
| Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - Configure Revenue Management application components |
| Revenue Recognition and Accounting Rules | 26% | - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards |
| Revenue Reporting and Analytics | 22% | - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data |
Which three statements about Effective Periods are true?
Correct Answer: A,C,E 🗳️
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
Correct Answer: A,B 🗳️
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
Correct Answer: D 🗳️
Which three attributes are helpful in defining a Contract Identification Rule?
Correct Answer: D,E,F 🗳️
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:
Which Price Band Segment Label would be appropriate to use in this case?
Correct Answer: B 🗳️
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