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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

A) when an invoice is issued on 20-Sep-2017
B) when the consultant is deployed to assist customer on 10-Sep-2017
C) when the sales order Is booked on 14-Sep-2017
D) when the product is shipped on 15-Sep-2017


2. 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) PowerPoint
B) Flat File
C) HTML
D) PDF


3. Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A) If nonexistent, these accounts need to be added to the chart of accounts.
B) These accounts are not relevant to Revenue Management.
C) These accounts are optional in Revenue Management.
D) If nonexistent, these accounts are added automatically to the chart of accounts.


4. Which statement Is True regarding the Customer Contract Source Data Import Template?

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


5. Which statement Is True regarding the Customer Contract Source Data Import Template?

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


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: D

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