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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Which is a term under ASC 606 or IFRS 15?

A) initial performance event
B) transaction price
C) requires complete
D) promise detail

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

3. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)

A) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
B) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
C) Time-based contingencies must not expire before the contingency can be removed and revenue recognized
D) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
E) Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration

4. Which is the following is NOT a feature of personalization

A) Configuring table columns
B) Changing text font
C) Selecting default language
D) Saving searches

5. Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

A) Customers
B) Suppliers
C) Inventory items
D) Business Units
E) Receivables configurations
F) Banks, branches and bank accounts

Solutions: