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QUESTION 1
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be
the first rule executed when the “Identify Customer Contracts” process runs.
Which attribute needs to be updated to achieve this objective?
A. Freeze Period
B. Default Classification
C. Source Document Type
D. Priority
QUESTION 2
Which three tasks are associated with defining a Pricing Dimension Structure?
A. Define up to 30 segments and name them.
B. Define up to 20 segments and name them.
C. Analyze pricing policies across products and services.
D. Create multiple instances for a given Pricing Dimension Structure.
E. Include user friendly prompts for each segment.
F. Assign required segment labels to each segment.
Reference: https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP2010696
QUESTION 3
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 Profile.
QUESTION 4
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
A. HTML
B. PowerPoint
C. Flat File
D. PDF
Reference: http://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/r13-revenuewn.htm
QUESTION 5
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts,
which Is NOT a predefined Accounting Class?
A. Contract Asset
B. Contract Price Variance
C. Contract Liability
D. Contract Revenue
E. Contract Expense
F. Contract Clearing
QUESTION 6
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
A. 60 User Extensible Fields
B. 10 User Extensible Fields
C. 90 User Extensible Fields
D. 50 User Extensible Fields
QUESTION 7
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?
A. Wether Dynamic Combination Creation Allowed is enabled
B. The value sets
C. The Query Required option
D. The Displayed option
E. The shape: Same nunmber of segments and order
QUESTION 8
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 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.
B. 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.
C. 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.
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.
QUESTION 9
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required
data.
In addition to the SSP Value (price) and Currency, which two are required?
A. SSP Type
B. Pricing Dimension
C. Performance Obligation Template
D. Unit of Measure
E. Item Identifier
https://docs.oracle.com/cloud/r13_update17b/financialscs_gs/FAFRM/FAFRM2340000.htm#FAFRM2339998
QUESTION 10
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application. How should you handle this scenario In Revenue Management?
A. Ignore the performance obligation for the toaster because it was free of cost to the customer.
B. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
C. Create the performance obligation for the toaster manually.
D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
QUESTION 11
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:
A. 3
B. 4
C. 2
D. 1
QUESTION 12
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
QUESTION 13
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
Publish the answer
| Q1 | Q2 | Q3 | Q4 | Q5 | Q6 | Q7 | Q8 | Q9 | Q10 | Q11 | Q12 | Q13 |
| D | ACF | A | C | E | B | BE | B | DE | B | A | CDF | BCD |
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