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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. 65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

A) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
B) By defining an item group and assigning that to the rule
C) By defining a grouping rule on the customer class
D) By defining an exclusion rule to exclude customer classes that are "Retail"
E) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute

2. A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

A) By defining a Performance Obligation Template.
B) By defining a Revenue Item Group
C) By defining a Standalone Selling Price Profile.
D) By defining a Contact Identification Rule.

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

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

4. Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A) Daily Revenue Rate, Partial Periods
B) Variable Schedule
C) Daily Revenue Rate
D) Fixed Schedule
E) Daily Revenue Rate, All Periods
F) Partial Schedule

5. Which setup component Is NOT connected to a Revenue Price Profile?

A) Pricing Dimension Segments
B) Items
C) Source Document Types
D) Contract Identification Rules

Solutions: