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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

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

Answer: D

NEW QUESTION # 34
Which setup Is required to enable integration between Order Management and Revenue Management?

A. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
B. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
C. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
D. Add Order Management in the Manage Trading Community Source Systems page.
E. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
F. Create custom program to extract sales order and fulfillment data from Order Management.

Answer: B

NEW QUESTION # 35
Oracle Revenue Management is part of_____________________predefined offering.

A. Financials
B. Fusion Accounting Hub
C. Enterprise Contracts
D. Incentive Compensation

Answer: A

NEW QUESTION # 36
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. Sales order header level data.
D. Sub contract level details.

Answer: B

NEW QUESTION # 37
Which is NOT a predefined Accounting Class for Revenue Management?

A. Contract Unearned Revenue
B. Contract Asset
C. Contract Liability
D. Contract Discount

Answer: A

NEW QUESTION # 38
......

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