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  5. Oracle Revenue Management Cloud Service 2024Implementation Essentials Questions and Answers

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Questions # 11:

Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

Options:
A.

Void contract

B.

Preserve contract

C.

Reject line

D.

Reverse line

E.

Reject contract

Expert Solution
Questions # 12:

Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps areNOTpart of the steps to configure EBS for integration with Revenue Management Cloud?

Options:
A.

Apply appropriate patches to EBS.

B.

Run the Deploy System Options process.

C.

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

D.

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

E.

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

Expert Solution
Questions # 13:

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.

Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

Options:
A.

Select Conversion Rate Type in the Source Document Type setup.

B.

Run the Revenue Management translation process.

C.

Enter Conversion Rate Type in System Options.

D.

Provide currency conversion details in the Revenue Basis Data Import Template.

E.

Enter exchange rate information in Standalone Selling Price Profile.

Expert Solution
Questions # 14:

Question # 14

Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

Options:
A.

Revenue Management can only integrate to Fusion Receivables.

B.

You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

C.

You can choose which Transaction Sources in Fusion Receivables integrate to Revenue

Management.

D.

You can define date filters in order to consider only relevant data needed to comply with the

new revenue recognition standards.

Expert Solution
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