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1Z0-974 - Oracle Revenue Management Cloud Service 2017 Implementation Essentials - Dump Information

Vendor : Oracle
Exam Code : 1Z0-974
Exam Name : Oracle Revenue Management Cloud Service 2017 Implementation Essentials
Questions and Answers : 61 Q & A
Updated On : Click to Check Update
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1Z0-974 Questions and Answers

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Given Oracle Revenue Management Cloud has predefined integration with Oracle E- Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

  1. Apply appropriate patches to EBS.

  2. Run the Deploy System Options process.

  3. Set the Profile Option AR: Source System Value for Revenue Management.

  4. Map the EBS Chart of Accounts to the Cloud General Ledger.

  5. Set the System Options in EBS Receivables on the Revenue Management tab.

Answer: B, D


One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management. What is the name of this spreadsheet template?

  1. Customer Contract Source Documents Import

  2. Customer Sales Source Data Import

  3. Customer Contract Source Data Import

  4. Customer Sales Data Source Documents Import

Answer: C


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?

  1. Amount Band

  2. Deal Size Band

  3. Set Band

  4. Quantity Band

Answer: A


What is a Standalone Selling Price (SSP)?

  1. the average of your bundled price

  2. the sum of the SSPs of the components

  3. the list price

  4. the price you would use if you sold to a customer separately

Answer: D


In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

  1. It tracks the difference in a Discount Allocation Account at the contract line level.

  2. It tracks the difference in a Write-off Allocation Account at the contract level.

  3. It tracks the difference In a Discount Allocation Account at the contract level.

  4. It Tracks the difference in a Write-Off Allocation Account at the contract line level.

Answer: C


Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

  1. require complete

  2. allow partial

  3. allow complete

  4. require partial

Answer: A, B


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

  1. because it determines whether revenue for a good or service is recognized Over Time or Point in Time

  2. because it calculates the amount of Total Transaction Price allocated to date

  3. because it calculates the percentage of Total Transaction Price allocated to date

  4. because it specifies whether revenue has been fully or partially recognized for a good or service

Answer: D


Which three tasks are associated with defining a Pricing Dimension Structure?

  1. Define up to 30 segments and name them.

  2. Define up to 20 segments and name them.

  3. Analyze pricing policies across products and services.

  4. Create multiple instances for a given Pricing Dimension Structure.

  5. Include user friendly prompts for each segment.

  6. Assign required segment labels to each segment.

Answer: A, C, E

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