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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

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

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

2. Which is a term under ASC 606 or IFRS 15?

A) requires complete
B) promise detail
C) transaction price
D) initial performance event

3. Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

A) creates the accounting for the stages in the process
B) recognizes revenue if any satisfaction events exist
C) allocates the SSP to various performance obligations
D) creates customer contracts and performance obligations
E) allocates the SSP to various satisfaction events

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

5. Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A) stand-alone selling price derivation
B) General Ledger journal creation
C) General Ledger account derivation based on predefined events
D) centralized accounting solution
E) revaluation of assets and liabilities
F) multiple accounting representations

Solutions: