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Oracle Revenue Management Cloud Service 2018 Implementation Essentials (1Z1-1018) Free Practice Test

Question 1
Which statement is NOT applicable to Performance Obligation Templates?

Correct Answer: C
Question 2
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

Correct Answer: C
Question 3
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?

Correct Answer: A,E
Question 4
What is a Performance Obligation?

Correct Answer: C
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Question 5
Which three tasks can be performed In the Revenue Management Work Area?

Correct Answer: A,C,D
Question 6
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS
15 versus the old standard?

Correct Answer: C,D