Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
A. Suppliers
B. Business Units
C. Customers
D. Inventory items
E. Receivables configurations
F. Banks, branches and bank accounts
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?
A. Oracle Revenue Management Cloud
B. Oracle Receivables
C. Oracle General Ledger
D. Oracle Subledger Accounting
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
A. It tracks the difference in a Discount Allocation Account at the contract line level.
B. It tracks the difference in a Write-off Allocation Account at the contract level.
C. It tracks the difference In a Discount Allocation Account at the contract level.
D. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
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
What is a contract modification?
A. a change to the contract caused by negotiation with the customer
B. a revision or correction to the estimate of variable consideration made at inception
C. a change (modification) to the contract data
D. an increase or decrease in expected collectability
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
A. Observed Standalone Selling Prices
B. Estimated Standalone Selling Prices
C. Pricing Dimension Assignment
D. SSP Tolerance Usage E. Items
Which is NOT a Price Band Type?
A. Amount Band
B. Set Band
C. Quantity Band
D. Percentage Band
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.
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
A. Close the previous period.
B. Review the calculated OSSP.
C. Categorize standalone sales by performance obligation.
D. Approve the OSSP by establishing it.
E. Run the Calculate Observed Standalone Selling Prices program.
F. Run Create Accounting.
How many tabs does the Customer Contract Source Data Import Template have?
A. four tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively
B. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
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