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Vendor : Oracle
Exam Code : 1Z0-974
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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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Oracle Revenue Management Cloud Service 2017 Implementation Essentials book execs Holdings' brief Thesis isn't taking part in Out | 1Z0-974 Real Questions and VCE Practice Test professionals Holdings (NYSE:pro) is a CPQ (Configure, expense and Quote) application provider helps organizations produce accurate and highly configured fees making all the advanced product, pricing, and business suggestions centralized, computerized and purchasable in true-time, enabled by means of massive data and computing device researching, that's, AI. here's an increasing market, but the enterprise is up in opposition t potent competition from big application companies like Oracle (ORCL), SAP (SAP) and Salesforce (CRM). The extraordinary article from SA contributor Jan Svenda provides a constructive introduction to markets, products and competitors, so we refer that article for indispensable historical past. still, the company has been doing neatly recently and produced fairly mighty Q1 figures after which it raised tips for the 12 months. No shock that the stock price has shared the passion: [191022-15566434218510325.png] management is rarely scared of extra typical AI capabilities that are available through the likes of Amazon (AMZN), Google (GOOG) and Microsoft (MSFT), and neither is it petrified of the aforementioned utility residences (Q1CC): In a digital world the consumer isn't going to view the outcomes of the AI and it must be self-gaining knowledge of. We believe we now have an enormous competitive abilities and we don


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