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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q36-Q41):

NEW QUESTION # 36
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?

A. Reporting Studio
B. Smart View
C. Business Intelligence Publisher
D. Oracle Transactional Business Intelligence

Answer: C

NEW QUESTION # 37
Which three tasks are associated with defining a Pricing Dimension Structure?

A. Include user friendly prompts for each segment.
B. Assign required segment labels to each segment.
C. Define up to 30 segments and name them.
D. Create multiple instances for a given Pricing Dimension Structure.
E. Analyze pricing policies across products and services.
F. Define up to 20 segments and name them.

Answer: B,C,E

NEW QUESTION # 38
What is a Performance Obligation?

A. a combination of customer type and product code
B. a promise to a customer
C. a product code or SKU
D. a promise to a customer on which either party has acted

Answer: B

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP2456627

NEW QUESTION # 39
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
B. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
C. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
D. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
E. You value the accrual at estimated consideration and it is a monetary debt.

Answer: C

NEW QUESTION # 40
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. Deal Size Band
B. Quantity Band
C. Set Band
D. Amount Band

Answer: D

NEW QUESTION # 41
......

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