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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A) The contract is missing Billing data.
B) The contract is missing satisfaction events.
C) The contract is missing standalone selling prices at the promised detail level or at obligation level.
D) The total Transaction Price is over the user-defined threshold amount.

2. What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

A) Create a secondary ledger.
B) Using their existing primary ledger.
C) Create a reporting ledger.
D) Create a new primary ledger.

3. Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

A) by calculating Total Transaction Price for contracts
B) by grouping source document lines intro contracts for each identified customer
C) by identifying and creating one or more performance obligations for a given accounting contract
D) by allowing manual allocation of Total Transaction Price across performance obligations
E) by restricting users from excluding contract lines
F) by only creating contracts that are source system specific

4. 65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

A) By defining an item group and assigning that to the rule
B) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
C) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
D) By defining a grouping rule on the customer class
E) By defining an exclusion rule to exclude customer classes that are "Retail"

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

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

Solutions: