What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy underASC 606 and IFRS 15?

A. Create a reporting ledger.

B. Create a new primary ledger.

C. Create a secondary ledger.

D. Using their existing primary ledger.

Which two are intended uses for the Standalone Selling Price ReportDashboard?

A. Review performance obligations by effective period.

B. Diagnose revenue price profile.

C. Drill down to data used to derive standalone selling prices.

D. Monitor transaction price calculation and allocation.

E. Analyze standalone selling prices for one or multiple effective periods.

Which three tasks are associated with defining a Pricing Dimension Structure?

A. Define up to 30 segments and name them.

B. Define up to 20 segments and name them.

C. Analyze pricing policies across products and services.

D. Createmultiple instances for a given Pricing Dimension Structure.

E. Include user friendly prompts for each segment.

F. Assign required segment labels to each segment.

After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.

Which predefined Contract Identification Rule can be used in this case?

A. Identify Customer Contract Based on Party

B. Identify Customer Contract Based on Source Document Line

C. Identify Customer Contract Based on Source Document

D. Identify Customer Contract Based on Source System

65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single packageto 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 rule on the customer class

B. By defining an exclusion rule to exclude customer classes that are "Retail"

C. 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

D. By defining an item group and assigning that to the rule

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

Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

A. Suppliers

B. Business Units

C. Customers

D. Inventory items

E. Receivables configurations F. Banks, branches and bank accounts

Which is NOT a predefined Accounting Class for Revenue Management?

A. Contract Discount

B. Contract Liability

C. Contract Unearned Revenue

D. Contract Asset

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.

B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.

C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.

D. Run the Calculate Observed Standalone Selling Prices program to derive prices.

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. You cannot have overlapping periods.

E. Effective Periods only define the rage where standalone selling prices ofan item should be effective.

What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

A. Revenue and performance obligation liabilities are not dependent on billing.

B. Revenue can be recognized for performance obligations only using the "Point in Time" approach.

C. Pricing estimates cannot be used In the absence of pricing data.

D. Expected consideration value is applicable to all industries.