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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q54-Q59):

NEW QUESTION # 54
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

  • A. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
  • B. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
  • C. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
  • D. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.

Answer: C


NEW QUESTION # 55
Which three attributes are helpful in defining a Contract Identification Rule?

  • A. Bill To Customer
  • B. Product Description
  • C. Ledger
  • D. Business Unit
  • E. Delivery Address
  • F. Quote Number

Answer: B,E,F


NEW QUESTION # 56
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: C


NEW QUESTION # 57
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: C


NEW QUESTION # 58
Which statement is NOT applicable to Performance Obligation Templates?

  • A. Performance Obligation Templates are specific to the business and cannot be predefined.
  • B. Performance Obligation Templates can be associated to a Revenue Price Profile.
  • C. Performance Obligation Templates take precedence over Performance Obligation Rules.
  • D. Oracle delivers three predefined Performance Obligation Templates,

Answer: D


NEW QUESTION # 59
......

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