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?
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?
15 versus the old standard?
Correct Answer: C,D