Exam Name: Oracle Revenue Management Cloud Service 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Fusion Revenue Management Cloud Service
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Oracle : 1Z1-1018 Exam Premium Dumps
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Oracle 1Z1-1018 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2018 Implementation Essentials |
| Exam Number: | 1Z0-1018 |
| Exam Format: | Multiple Choice, Multiple Response |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud Oracle ERP Cloud Implementation Specialist |
| Exam Duration: | 120 minutes |
| Exam Price: | USD 245 |
| Recommended Training: | Oracle Revenue Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1Z1-1018 Sample Questions |
| Exam Way: | Online proctored or test center exam via Oracle Testing Centers |
| Pre Condition: | Recommended experience with Oracle ERP Cloud and basic accounting/revenue recognition concepts. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1018 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration and Accounting | - Accounting Rules and Ledger Posting - Integration with Oracle ERP Cloud |
| Reporting and Troubleshooting | - Revenue Reporting - Error Handling and Diagnostics |
| Contract Management | - Contract Creation and Maintenance - Performance Obligations |
| Revenue Allocation and Recognition | - Standalone Selling Price Allocation - Revenue Scheduling and Recognition |
| Setup and Configuration | - Pricing and Revenue Rules Setup - System Configuration and Setup Tasks |
| Revenue Management Cloud Service Overview | - Business Model and Subscription Concepts - Revenue Recognition Principles |
Your Oracle Revenue Management Cloud Service 2018 Implementation Essentials Questions, Answered
The 1Z1-1018 exam is the official exam behind the Oracle Revenue Management Cloud Service Implementation Specialist credential from Oracle. It sits at the Professional level of the Oracle certification track. It is also associated with Oracle Financials Cloud, Oracle ERP Cloud Implementation Specialist. The FreeCram practice questions on this page map to the same objectives, so you can measure your readiness before you book a seat.
Recommended experience with Oracle ERP Cloud and basic accounting/revenue recognition concepts.
Requirements can change, so confirm the latest details on the official Oracle exam page before you register.
You can book the 1Z1-1018 exam through the following official channels:
The exam is delivered Online proctored or test center exam via Oracle Testing Centers, so pick the option that suits you when booking.
Oracle points candidates to these official courses:
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The 1Z1-1018 syllabus is divided into 6 domains, including Reporting and Troubleshooting, Revenue Management Cloud Service Overview, and Contract Management. The complete breakdown, with every domain and its subtopics, is listed in the Exam Topics section above — review it line by line and flag the areas where you feel weakest.
Oracle Revenue Management Cloud Service 2018 Implementation Essentials Sample Questions:
A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?
- A. Subset
- B. Format Only
- C. Independent
- D. Dependent
- E. Table
Correct Answer: B 🗳️
Why are Source Document Type Codes required when defining Source Document Types?
- A. Because they are Revenue Management Descriptive Flexfields.
- B. Because they provide uniqueness to the Source Document Types.
- C. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
- D. Because they are needed for integration with Product Management.
Correct Answer: D 🗳️
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS
15 versus the old standard?
- A. Pricing estimates cannot be used In the absence of pricing data.
- B. Expected consideration value is applicable to all industries.
- C. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
- D. Revenue and performance obligation liabilities are not dependent on billing.
Correct Answer: A,B 🗳️
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
- A. Business Intelligence Publisher
- B. Reporting Studio
- C. Smart View
- D. Oracle Transactional Business Intelligence
Correct Answer: A 🗳️
Which three statements about Effective Periods are true?
- A. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
- B. Effective Periods are used for standalone selling prices and for creating journal entries.
- C. Gaps between periods are not allowed.
- D. Effective Periods only define the rage where standalone selling prices of an item should be effective.
- E. You cannot have overlapping periods.
Correct Answer: C,D,E 🗳️
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