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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q26-Q31):

NEW QUESTION # 26
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

A. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
B. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
C. Run the Calculate Observed Standalone Selling Prices program to derive prices.
D. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
E. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
F. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.

Answer: B,C

NEW QUESTION # 27
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

A. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
B. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
C. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
D. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.

Answer: B

NEW QUESTION # 28
How can you access an implementation task in Functional Setup Manager. (choose 3)

A. By navigating from the Implementation Project
B. By searching
C. By navigating from the Welcome Springboard
D. By navigation to an offering's functional area

Answer: A,B,D

NEW QUESTION # 29
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

A. Pricing Dimension
B. Tolerance ranges
C. Reason
D. Item Identifier
E. SSP Type
F. Performance Obligation Template

Answer: A,B,E

NEW QUESTION # 30
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

A. stand-alone selling price assigned to the promised detail line
B. revenue recognized for each performance obligation
C. transaction price distributed to each performance obligation
D. transaction price derived from the source system line import

Answer: C

NEW QUESTION # 31
......

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