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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 Format: | Multiple Response, Multiple Choice |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud Oracle ERP Cloud Implementation Specialist |
| Exam Price: | USD 245 |
| Recommended Training: | Oracle Revenue Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
|---|---|
| Topic 1: Revenue Allocation and Recognition | - Standalone Selling Price Allocation - Revenue Scheduling and Recognition |
| Topic 2: Revenue Management Cloud Service Overview | - Revenue Recognition Principles - Business Model and Subscription Concepts |
| Topic 3: Setup and Configuration | - Pricing and Revenue Rules Setup - System Configuration and Setup Tasks |
| Topic 4: Integration and Accounting | - Accounting Rules and Ledger Posting - Integration with Oracle ERP Cloud |
| Topic 5: Reporting and Troubleshooting | - Error Handling and Diagnostics - Revenue Reporting |
| Topic 6: Contract Management | - Contract Creation and Maintenance - Performance Obligations |
Oracle 1Z0-1018 Exam Questions Answered
The 1Z0-1018 exam leads to the Oracle Revenue Management Cloud Service Implementation Specialist certification from Oracle. It is positioned at the Professional level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Revenue Management Cloud Service 2018 Implementation Essentials.
Related certifications include:
- Oracle Financials Cloud
- Oracle ERP Cloud Implementation Specialist
Recommended experience with Oracle ERP Cloud and basic accounting/revenue recognition concepts.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
You can register through the official channels listed below:
The available exam delivery method is Online proctored or test center exam via Oracle Testing Centers.
The official training options include:
After reviewing the recommended training, reinforce what you learned with Actual4dump's 60 practice questions for 1Z0-1018.
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The current 1Z0-1018 outline is organized into 6 top-level domains. The first listed areas include:
- Contract Management
- Revenue Allocation and Recognition
- Revenue Management Cloud Service Overview
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Revenue Management Cloud Service 2018 Implementation Essentials Sample Questions:
Question 1
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
A. Flat File
B. PowerPoint
C. HTML
D. PDF
Question 2
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
In addition to the SSP Value (price) and Currency, which two are required?
A. Item Identifier
B. Pricing Dimension
C. Unit of Measure
D. SSP Type
E. Performance Obligation Template
Question 3
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 Discount Allocation Account at the contract line level.
B. It tracks the difference in a Write-off Allocation Account at the contract level.
C. It tracks the difference In a Discount Allocation Account at the contract level.
D. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
Question 4
Which is NOT a required piece of information when importing contract header Information from a source file?
A. Record Type
B. Currency code of source document
C. Source System
D. Date of Source Document
E. Source Document Type code
F. Source Document Unique Identifier Number 1
Question 5
What is a contract modification?
A. a change to the contract caused by negotiation with the customer
B. a change (modification) to the contract data
C. a revision or correction to the estimate of variable consideration made at inception
D. an increase or decrease in expected collectability
Solutions:
| Question 1 Answer: A | Question 2 Answer: A,C | Question 3 Answer: A | Question 4 Answer: F | Question 5 Answer: A |
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