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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q83-Q88):
NEW QUESTION # 83
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. Amount Band
- B. Set Band
- C. Quantity Band
- D. Deal Size Band
Answer: A
NEW QUESTION # 84
Which three statements about Effective Periods are true?
- A. You cannot have overlapping periods.
- B. Effective Periods are used for standalone selling prices and for creating journal entries.
- C. Gaps between periods are not allowed.
- D. Effective Periods only define the rage where standalone selling prices of an item should be effective.
- E. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
Answer: A,C,D
NEW QUESTION # 85
What does the creation of an allocation allow you to determine?
- A. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- B. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- C. the ability not to revise previously reported revenue for revision, corrections, and other changes
- D. the fair value of each performance obligation
Answer: D
Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm
NEW QUESTION # 86
Which three tasks can be performed In the Revenue Management Work Area?
- A. Edit Contract Identification Rules.
- B. Review Revenue Price Profiles.
- C. Manage contracts in "Pending Allocation" status.
- D. Manage contracts in "Pending Review" status.
- E. Review Performance Satisfaction Plans.
- F. Review Observed Standalone Selling Prices.
Answer: C,D,F
NEW QUESTION # 87
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?
- A. Pricing Dimension
- B. Performance Obligation Template
- C. Item Identifier
- D. SSP Type
- E. Reason
- F. Tolerance ranges
Answer: A,D,F
NEW QUESTION # 88
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