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Oracle 1z1-974 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-974 |
| Related Certifications: | Oracle Financials Cloud certifications Oracle ERP Cloud certifications Oracle Revenue Management Cloud Service Implementation Professional |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Exam Duration: | 120-150 |
| Available Languages: | English |
| Recommended Training: | Oracle Revenue Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or test center exam via Oracle Certification platform |
| Pre Condition: | Recommended experience with Oracle ERP Cloud and Financials Cloud implementations. Training in Revenue Management Cloud Service is advised. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-974 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Integration | - Integration
|
| Topic 2: Revenue Processing | - Revenue Recognition
|
| Topic 3: Setup and Configuration | - Revenue Management Setup
|
| Topic 4: Revenue Management Cloud Fundamentals | - Revenue Management Concepts
|
1z1-974 FAQ — Efficient Preparation Starts Here
Recommended experience with Oracle ERP Cloud and Financials Cloud implementations. Training in Revenue Management Cloud Service is advised. Eligibility rules do change, so confirm the current requirements on the official page (official 1z1-974 exam page) before booking.
Yes:
Training gives knowledge direction; practice gives it proof. Follow courses with the 60 practice questions for the Oracle Revenue Management Cloud Service 2017 Implementation Essentials to measure real progress.
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The Oracle Revenue Management Cloud Service 2017 Implementation Essentials is Oracle's certification exam for Oracle Revenue Management Cloud Service Implementation Essentials, at the Professional level. It validates applied skills employers hire for — a credential worth the effort. Related credentials include Oracle Financials Cloud certifications, Oracle ERP Cloud certifications, Oracle Revenue Management Cloud Service Implementation Professional.
The Oracle Revenue Management Cloud Service 2017 Implementation Essentials blueprint covers 4 domains — including Setup and Configuration, Revenue Processing, Reporting and Integration. The weightings are your efficiency map: heavy domains first. Every subtopic appears in the outline above.
Through the vendor's official registration channels:
The Oracle Revenue Management Cloud Service 2017 Implementation Essentials is delivered Online proctored or test center exam via Oracle Certification platform, so pick the arrangement that suits you when booking.
Yes — download the free Oracle Revenue Management Cloud Service 2017 Implementation Essentials demo and judge the question quality before paying. Every purchase stays valid for 365 days with free updates throughout, renewable afterward at 50% off.
Oracle Revenue Management Cloud Service 2017 Implementation Essentials Sample Questions:
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. Banks, branches and bank accounts
- C. Receivables configurations
- D. Business Units
- E. Customers
- F. Inventory items
Correct Answer: D,E,F 🗳️
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?
- A. require partial
- B. allow partial
- C. require complete
- D. allow complete
Correct Answer: B,C 🗳️
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Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Monitor transaction price calculation and allocation.
- B. Analyze standalone selling prices for one or multiple effective periods.
- C. Diagnose revenue price profile.
- D. Drill down to data used to derive standalone selling prices.
- E. Review performance obligations by effective period.
Correct Answer: B,C 🗳️
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?
- A. Create a secondary ledger.
- B. Create a reporting ledger.
- C. Using their existing primary ledger.
- D. Create a new primary ledger.
Correct Answer: C 🗳️
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
- A. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
- B. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
- C. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
- D. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
- E. You value the accrual at estimated consideration and it is a monetary debt.
Correct Answer: B 🗳️







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