Free 1z0-974 Questions for Oracle Revenue Management Cloud Service 2017 Implementation Essentials 1z0-974 Exam as PDF & Practice Test Engine
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?
Correct Answer: D
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Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
Correct Answer: A,C,E
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After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?
Which two attributes on the structure instance are inherited from the structure definition?
Correct Answer: C,E
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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.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?
Correct Answer: A
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In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
Which two are NOT included in the four step process?
Correct Answer: C,E
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When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?
Correct Answer: B
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