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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q84-Q89):

NEW QUESTION # 84
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

A. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
C. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
D. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
E. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
F. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.

Answer: B,C

NEW QUESTION # 85
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

A. by setting SM to "Allow Partial" and SMM to "Period"
B. by setting SM to "Allow Partial" and SMM to "Quantity"
C. by setting SM to "Requires Complete" and SMM to "Percent"
D. by setting SM to "Requires Complete" and SMM to "Quantity"
E. by setting SM to "Requires Complete" and SMM to "Period"

Answer: E

NEW QUESTION # 86
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?

A. when Context Values are populated
B. when it is a business requirement
C. when the Type is Fixed or Variable
D. when the Deferred Revenue box is checked

Answer: C

NEW QUESTION # 87
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A. General Ledger journal creation
B. revaluation of assets and liabilities
C. centralized accounting solution
D. General Ledger account derivation based on predefined events
E. stand-alone selling price derivation
F. multiple accounting representations

Answer: A,B,F

NEW QUESTION # 88
Which two are intended uses for the Standalone Selling Price Report Dashboard?

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

Answer: B,D

NEW QUESTION # 89
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