Oracle Revenue Management Cloud Service 2018 Implementation Essentials

QUESTION NO: 1
Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a predefined Java FBDI template. B. It is a custom template that you are required to build. C. It Is a predefined HTML FBDI template. D. It is a predefined Excel FBDI template.

Correct Answer: D

QUESTION NO: 2

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

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

Correct Answer: B

QUESTION NO: 3
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

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

Correct Answer: D,E,F

QUESTION NO: 4
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

A. Quantity Band B. Amount Band C. Deal Size Band D. Set Band

Correct Answer: B

QUESTION NO: 5
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 percentage of Total Transaction Price allocated to date C. because it specifies whether revenue has been fully or partially recognized for a good or service D. because it calculates the amount of Total Transaction Price allocated to date

Correct Answer: A

QUESTION NO: 6
Which two are intended uses for the Standalone Selling Price Report Dashboard?

A. Review performance obligations by effective period. B. Diagnose revenue price profile. C. Analyze standalone selling prices for one or multiple effective periods. D. Drill down to data used to derive standalone selling prices. E. Monitor transaction price calculation and allocation.

Correct Answer: B,C

Oracle Revenue Management Cloud Service 2018 Implementation Essentials - 1Z0-1018 Exam Questions