NEW QUESTION 1
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

• A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
• B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
• C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
• D. Run the Calculate Observed Standalone Selling Prices program to derive price

Answer: C

NEW QUESTION 2
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

• A. require complete
• B. allow partial
• C. allow complete
• D. require partial

Answer: AB

NEW QUESTION 3
Which setup component Is NOT connected to a Revenue Price Profile?

• A. Contract Identification Rules
• B. Items
• C. Source Document Types
• D. Pricing Dimension Segments

Answer: A

NEW QUESTION 4
One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
What is the name of this spreadsheet template?

• A. Customer Contract Source Documents Import
• B. Customer Sales Source Data Import
• C. Customer Contract Source Data Import
• D. Customer Sales Data Source Documents Import

Answer: C

NEW QUESTION 5
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

• A. Revenue Management can only integrate to Fusion Receivables.
• B. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
• C. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.
• D. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.

Answer: AB

NEW QUESTION 6
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

• A. your invoiced goods and services less those goods and services that you have not yet delivered
• B. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
• C. Unearned Revenue
• D. your debt to customers for goods and services you are obliged to deliver to them by either party acting

Answer: B

NEW QUESTION 7
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

• A. by identifying and creating one or more performance obligations for a given accounting contract
• B. by calculating Total Transaction Price for contracts
• C. by only creating contracts that are source system specific
• D. by allowing manual allocation of Total Transaction Price across performance obligations
• E. by restricting users from excluding contract lines
• F. by grouping source document lines intro contracts for each identified customer

Answer: ABF

NEW QUESTION 8
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

• A. Fixed Schedule
• B. Variable Schedule
• C. Daily Revenue Rate, All Periods
• D. Daily Revenue Rate, Partial Periods
• E. Partial Schedule
• F. Daily Revenue Rate

Answer: A

NEW QUESTION 9
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

• A. Create a reporting ledger.
• B. Create a new primary ledger.
• C. Create a secondary ledger.
• D. Using their existing primary ledge

Answer: C

NEW QUESTION 10
Which statement is NOT applicable to Performance Obligation Templates?

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

Answer: A

NEW QUESTION 11
Which three tasks can be performed In the Revenue Management Work Area?

• A. Edit Contract Identification Rules.
• B. Review Observed Standalone Selling Prices.
• C. Manage contracts in "Pending Review" status.
• D. Manage contracts in "Pending Allocation" status.
• E. Review Performance Satisfaction Plans.
• F. Review Revenue Price Profile

Answer: BCD

NEW QUESTION 12
You define a Contract Identification Rule that uses the following source document attributes to match
transaction lines:
Bill-to Customer Party Identifier Extensible Header Character Attribute 4 Based the data displayed:

How many contracts will be created In Revenue Management?

• A. 3
• B. 1
• C. 5
• D. 4

Answer: A

NEW QUESTION 13
Which configuration component is Source Document Type NOT connected to?

• A. Revenue Management System Options
• B. Performance Obligation Template
• C. Contract Identification Rules
• D. Revenue Price Profile
• E. Performance Obligation Identification Rules

Answer: D

NEW QUESTION 14
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

• A. The total Transaction Price is over the user-defined threshold amount.
• B. The contract is missing standalone selling prices at the promised detail level or at obligation level.
• C. The contract is missing satisfaction events.
• D. The contract is missing Billing dat

Answer: A

NEW QUESTION 15


What is the correct match sequence of the descriptions A, B and C against the titles?

• A. B, C, A
• B. A, C, B
• C. C, B, A
• D. C, A, B
• E. A, B, C
• F. B, A, C

Answer: B

NEW QUESTION 16
Why Is Satisfaction Method a key element of a Performance Obligation?

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

Answer: D

NEW QUESTION 17
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

• A. Create source document types specifically for Euro documents.
• B. Populate exchange rates in Revenue Price Profile.
• C. Populate Conversion Rate Type in System Options.
• D. Create revenue prices in the Euro currenc

Answer: C

NEW QUESTION 18
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?

• A. Smart View
• B. Business Intelligence Publisher
• C. Oracle Transactional Business Intelligence
• D. Reporting Studio

Answer: B