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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-974 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Passing Score: | Not publicly published (typically ~60-65%) |
| Exam Format: | Multiple Choice, Scenario-based Multiple Choice |
| Real Exam Qty: | 60 |
| Exam Price: | USD ~245-295 (approximate Oracle exam fee, may vary by region) |
| Related Certifications: | Oracle Revenue Management Cloud Service 2017 Certified Implementation Specialist |
| Certificate Validity Period: | Retired / legacy exam (Oracle currently updates to newer Revenue Management Cloud Service certifications) |
| Sample Questions: | ![]() |
| Exam Way: | Delivered via Oracle University (Pearson VUE or online proctoring where supported). |
| Pre Condition: | No formal prerequisite, but Oracle recommends hands-on experience with Oracle Financials Cloud and Revenue Management modules. |
| Official Syllabus URL: | https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-974 |
| Section | Objectives |
|---|---|
| Contract and Performance Obligation Management | - Manage performance obligations - Define contract identification and modification rules |
| Revenue Pricing and Price Profiles | - Manage revenue price profiles and pricing rules - Define pricing dimension structures and segments |
| Revenue Management Setup and Configuration | - Configure Revenue Management Cloud services - Implement Revenue Management setup options |
| Reporting and Recognition | - Use reporting tools for revenue management - Understand recognition schedules and rules |
| Revenue Management Integration Requirements | - Define source document types and integration paths - Integrate Revenue Management with source systems (e.g., Fusion Receivables) |
| Revenue Principles and Standards | - Explain revenue recognition principles under ASC 606 and IFRS 15 - Identify components of revenue recognition in Oracle Revenue Management |
What is a Standalone Selling Price (SSP)?
Correct Answer: B 🗳️
What does the creation of an allocation allow you to determine?
Correct Answer: C 🗳️
Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).
Which statement is NOT applicable to Performance Obligation Templates?
Correct Answer: A 🗳️
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
Correct Answer: A,E 🗳️
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?
Correct Answer: D 🗳️
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