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Oracle Revenue Management Cloud Service 2022 Implementation Professional Questions and Answers

Question 1

Which three statements about Effective Periods are true?

Options:

A.

If effective periods are not defined. Revenue Management uses the General Ledger calendar.

B.

Effective Periods are used for standalone selling prices and for creating journal entries.

C.

Gaps between periods are not allowed.

D.

You cannot have overlapping periods.

E.

Effective Periods only define the rage where standalone selling prices ofan item should be effective.

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Question 2

Which is Not a required piece of information when importing contract header information from a source file?

Options:

A.

Source System

B.

Source Document Type code

C.

RecordType

D.

Currency code of source document

E.

Source Document Unique Identifier Number 1

F.

Date of source Document

Question 3

Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.

Which Revenue Scheduling Rule Type needs tobe defined for the Performance Satisfaction Plan?

Options:

A.

Fixed Schedule

B.

Variable Schedule

C.

Daily Revenue Rate, All Periods

D.

Daily Revenue Rate, Partial Periods

E.

Partial Schedule

F.

Daily Revenue Rate