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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?

A) Source Document Type
B) Default Classification
C) Freeze Period
D) Priority

2. 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?

A) Apply appropriate patches to EBS.
B) Run the Deploy System Options process.
C) Set the System Options in EBS Receivables on the Revenue Management tab.
D) Set the Profile Option AR: Source System Value for Revenue Management.
E) Map the EBS Chart of Accounts to the Cloud General Ledger.

3. Which three statements about Effective Periods are true?

A) You cannot have overlapping periods.
B) Gaps between periods are not allowed.
C) If effective periods are not defined, Revenue Management uses the General Ledger calendar.
D) Effective Periods only define the rage where standalone selling prices of an item should be effective.
E) Effective Periods are used for standalone selling prices and for creating journal entries.

4. What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

A) Revenue can be recognized for performance obligations only using the "Point in Time" approach.
B) Pricing estimates cannot be used In the absence of pricing data.
C) Revenue and performance obligation liabilities are not dependent on billing.
D) Expected consideration value is applicable to all industries.

5. The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

A) Flat File
B) HTML
C) PowerPoint
D) PDF

Solutions: