1Z0-1018 Oracle Revenue Management Cloud 2018 Implementation Essentials

Exam Title: Oracle Revenue Management Cloud 2018 Implementation Essentials
Exam Number: 1Z0-1018
Exam Price: $245.00 More on exam pricing
Format: Multiple Choice.
Duration: 105 Minutes
Number of Questions: 60
Passing Score: 64%
Validated Against: This exam has been validated against 18B. (Previous version of this exam was validated against R13, and originally R12 in 2017)

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Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.

Revenue Management Overview
Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
Explain Revenue Management Integration Requirements

Standalone Selling Prices
Setup Revenue Management and configure standalone pricing

(NEW for R13) OTBI and delivered reports
(NEW for R13) Explain how to create OTBI reporting objects
(NEW for R13) Explain delivered reports uses and processes

Revenue Management Setup and Configuration
Configure Revenue Management Cloud Services
Placeholder Objective for another skill under Setup and Config

Revenue Contracts
Manage contracts and Revenue

Question: 1
Which two are intended uses for the Standalone Selling Price Report Dashboard?

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.

Answer: B, E

Reference:
https://cloud.oracle.com/opc/saas/RevMgmt/r13/nfs/r13-revenue-nfs.pdf (p.4)

Question: 2
Which three tasks can be performed In the Revenue Management Work Area?

A. Edit Contract Identification Rules.
B. Review Observed Standalone Selling Prices.
C. Manage contracts in “Pending Review” status.
D. Manage contracts in “Pending Allocation” status.
E. Review Performance Satisfaction Plans.
F. Review Revenue Price Profiles.

Answer: B, C, D

Question: 3
How many tabs does the Customer Contract Source Data Import Template have?

A. four tabs that store data for the
VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and
VRM_PERF_OBLIG tables respectively

B. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

D. one tab that stores data for the VRM_SOURCE_DOCUMENTS table

Answer: B