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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A) Oracle Subledger Accounting
B) Oracle Receivables
C) Oracle General Ledger
D) Oracle Revenue Management Cloud


2. Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

A) when the sales order Is booked on 14-Sep-2017
B) when an invoice is issued on 20-Sep-2017
C) when the consultant is deployed to assist customer on 10-Sep-2017
D) when the product is shipped on 15-Sep-2017


3. Which setup Is required to enable integration between Order Management and Revenue Management?

A) Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
B) Add Order Management in the Manage Trading Community Source Systems page.
C) Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
D) Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
E) Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
F) Create custom program to extract sales order and fulfillment data from Order Management.


4. Why are Source Document Type Codes required when defining Source Document Types?

A) Because they are needed for integration with Product Management.
B) Because they are Revenue Management Descriptive Flexfields.
C) Because they provide uniqueness to the Source Document Types.
D) Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.


5. Why Is Satisfaction Method a key element of a Performance Obligation?

A) because it calculates the amount of Total Transaction Price allocated to date
B) because it calculates the percentage of Total Transaction Price allocated to date
C) because it specifies whether revenue has been fully or partially recognized for a good or service
D) because it determines whether revenue for a good or service is recognized Over Time or Point in Time


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: C
Question # 3
Answer: E
Question # 4
Answer: A
Question # 5
Answer: D

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