Question 1

In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must becompleted.Which two are NOT included in the four step process?

Options :

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.

Answer: A,C

Question 2

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

Options :

A : Contract Asset

B : Contract Price Variance

C : Contract Liability

D : Contract Revenue

E : Contract Expense

F : Contract Clearing

Answer: A

Question 3

When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

Options :

A : when the Deferred Revenue box is checked

B : when it is a business requirement

C : when Context Values are populated

D : when the Type is Fixed or Variable

Answer: D

Question 4

Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

Options :

A : Apply appropriate patches to EBS.

B : Run the Deploy System Options process.

C : Set the Profile Option AR: Source System Value for Revenue Management.

D : Map the EBS Chart of Accounts to the Cloud General Ledger.

E : Set the System Options in EBS Receivables on the Revenue Management tab.

Answer: B,D

Question 5

Which is Not a required piece of information when importing contract header information from a source file?

Options :

A : Source System

B : Source Document Type code

C : Record Type

D : Currency code of source document

E : Source Document Unique Identifier Number 1

F : Date of source Document

Answer: A