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Oracle 1Z0-1018 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2018 Implementation Essentials |
| Exam Number: | 1Z0-1018 |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Response, Multiple Choice |
| Related Certifications: | Oracle ERP Cloud Implementation Specialist Oracle Financials Cloud |
| Available Languages: | English |
| Exam Price: | USD 245 |
| Recommended Training: | Oracle Revenue Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| 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 1Z0-1018 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Management Cloud Service Overview | - Business Model and Subscription Concepts - Revenue Recognition Principles |
| Revenue Allocation and Recognition | - Revenue Scheduling and Recognition - Standalone Selling Price Allocation |
| Setup and Configuration | - System Configuration and Setup Tasks - Pricing and Revenue Rules Setup |
| Reporting and Troubleshooting | - Error Handling and Diagnostics - Revenue Reporting |
| Integration and Accounting | - Accounting Rules and Ledger Posting - Integration with Oracle ERP Cloud |
| Contract Management | - Performance Obligations - Contract Creation and Maintenance |
1Z0-1018 Exam FAQ: Before You Book Your Seat
Oracle Revenue Management Cloud Service 2018 Implementation Essentials is an official Oracle exam, listed under exam code 1Z0-1018. A passing result earns you the Oracle Revenue Management Cloud Service Implementation Specialist certification at the Professional level. It also ties into Oracle Financials Cloud, Oracle ERP Cloud Implementation Specialist, extending its value across your certification roadmap. Employers read this credential as verified competence, which is why it keeps appearing in job requirements.
Recommended experience with Oracle ERP Cloud and basic accounting/revenue recognition concepts.
Requirements evolve, so confirm the current conditions before registering on the official exam page.
Registration for Oracle Revenue Management Cloud Service 2018 Implementation Essentials goes through the official channels listed here.
When you schedule, note that the exam is delivered Online proctored or test center exam via Oracle Testing Centers.
Oracle recommends the following training for Oracle Revenue Management Cloud Service 2018 Implementation Essentials candidates.
Follow any course with the 60 practice questions in the ActualPDF 1Z0-1018 package; the software engine will even remind you which mistakes need another round.
Yes. ActualPDF provides a free download demo of the Oracle Revenue Management Cloud Service 2018 Implementation Essentials material, so you can check the content before choosing a version. After purchase, a one-year warranty covers you: the latest version is sent to you as it releases, free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your purchase is covered by a 100% money-back guarantee with clear conditions. Take the Oracle Revenue Management Cloud Service 2018 Implementation Essentials exam within 60 days of purchase; if you fail, provide your unqualified result by submitting a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the full refund is processed within 7 days. The exam must match your product, candidate and payer names must match, and attempts within 3 days of purchase, unused downloads, free materials, and expired orders are not covered. Alternatively, exchange for two other exam products of equal value, free, or wait for updates while keeping your original product's update service.
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The Oracle Revenue Management Cloud Service 2018 Implementation Essentials syllabus spans 6 domains, led by Revenue Management Cloud Service Overview, Reporting and Troubleshooting, and Revenue Allocation and Recognition. The complete topic list is published above; candidates who study the map first rarely get lost later.
Oracle Revenue Management Cloud Service 2018 Implementation Essentials Sample Questions:
What is a Performance Obligation?
- A. a combination of customer type and product code
- B. a promise to a customer
- C. a promise to a customer on which either party has acted
- D. a product code or SKU
Correct Answer: B 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
What does a Variable Consideration require?
- A. an estimate of the consideration be made at inception only
- B. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
- C. that the consideration be monetary
- D. a disclosure be made to the shareholders
Correct Answer: A 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?
- A. when a pricing dimension structure is enabled for pricing bands
- B. when a value set segment label of Set Band is used
- C. when a pricing dimension structure Instance Is enabled for pricing bands
- D. when a source document type is enabled to use pricing bands
Correct Answer: A 🗳️
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 Source System
- B. Identify Customer Contract Based on Party
- C. Identify Customer Contract Based on Source Document
- D. Identify Customer Contract Based on Source Document Line
Correct Answer: C 🗳️
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
- A. It tracks the difference in a Write-off Allocation Account at the contract level.
- B. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
- C. It tracks the difference In a Discount Allocation Account at the contract level.
- D. It tracks the difference in a Discount Allocation Account at the contract line level.
Correct Answer: D 🗳️
