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Oracle 1z1-974 exam is a challenging test designed to measure the proficiency and knowledge of individuals in the Oracle Revenue Management Cloud Service. Oracle Revenue Management Cloud Service 2017 Implementation Essentials certification exam is aimed at those IT professionals who have a desire to validate their skills with technology solutions used in the industry. Oracle Revenue Management offers a complete revenue management solution suite that helps in eliminating revenue leakage, improving cash operations, and streamlining revenue recognition processes.
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Oracle Revenue Management Cloud Service 2017 is a cloud-based solution that is designed to help organizations automate revenue recognition processes, manage revenue streams, and comply with accounting standards. 1z1-974 exam covers a range of topics including the basics of revenue management, the Oracle Revenue Management Cloud Service architecture, the setup and configuration of the solution, and the customization and maintenance of the system. Passing 1z1-974 exam demonstrates that a candidate has the knowledge and skills required to implement and manage the Oracle Revenue Management Cloud Service 2017 effectively.
Oracle 1z1-974 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Principles and Standards | - Identify components of revenue recognition in Oracle Revenue Management - Explain revenue recognition principles under ASC 606 and IFRS 15 |
| Contract and Performance Obligation Management | - Manage performance obligations - Define contract identification and modification rules |
| Reporting and Recognition | - Understand recognition schedules and rules - Use reporting tools for revenue management |
| Revenue Management Integration Requirements | - Define source document types and integration paths - Integrate Revenue Management with source systems (e.g., Fusion Receivables) |
| 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 |
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