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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
- A. Reject contract
- B. Preserve contract
- C. Reverse line
- D. Reject line
- E. Void contract
Answer: A,D
Explanation:
https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19B/19B-financials-wn.htm
NEW QUESTION # 49
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?
- A. Initial Performance
- B. Performance Obligation Billed
- C. Revenue Recognized
- D. Performance Obligation Satisfied
- E. Standalone Selling Prices Allocated
Answer: A,C,D
NEW QUESTION # 50
A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
- A. a pricing dimension structure instance
- B. a pricing dimension structure
- C. pricing bands
- D. the source document types
Answer: C
NEW QUESTION # 51
How can you access an implementation task in Functional Setup Manager. (choose 3)
- A. By navigation to an offering's functional area
- B. By navigating from the Welcome Springboard
- C. By searching
- D. By navigating from the Implementation Project
Answer: A,C,D
NEW QUESTION # 52
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 the Type is Fixed or Variable
- B. when Context Values are populated
- C. when it is a business requirement
- D. when the Deferred Revenue box is checked
Answer: A
NEW QUESTION # 53
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