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Oracle 1z1-974 certification exam is designed to test the knowledge and skills of professionals who want to implement Oracle Revenue Management Cloud Service 2017 in their organizations. 1z1-974 exam covers a wide range of topics, including revenue management fundamentals, configuration, and integration with other Oracle Cloud services. It is ideal for professionals who work in finance, accounting, and revenue management roles and want to validate their expertise in implementing Oracle Revenue Management Cloud Service.
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Oracle 1z1-974 exam consists of 70 multiple-choice questions that need to be answered within 105 minutes. 1z1-974 exam is available in English and is proctored, which means that the candidate must take the exam at a designated testing center under the supervision of a proctor. 1z1-974 exam fee is $245, and the candidate must score a minimum of 67% to pass the exam. Upon passing the exam, the candidate will receive the Oracle Revenue Management Cloud Service 2017 Certified Implementation Specialist certification, which is a valuable credential for professionals who want to demonstrate their expertise in revenue management and advance their career.
| Section | Objectives |
|---|---|
| Topic 1: Revenue Management Setup and Configuration | - Configure Revenue Management Cloud services - Implement Revenue Management setup options |
| Topic 2: Reporting and Recognition | - Understand recognition schedules and rules - Use reporting tools for revenue management |
| Topic 3: Revenue Management Integration Requirements | - Define source document types and integration paths - Integrate Revenue Management with source systems (e.g., Fusion Receivables) |
| Topic 4: Revenue Pricing and Price Profiles | - Manage revenue price profiles and pricing rules - Define pricing dimension structures and segments |
| Topic 5: Revenue Principles and Standards | - Identify components of revenue recognition in Oracle Revenue Management - Explain revenue recognition principles under ASC 606 and IFRS 15 |
| Topic 6: Contract and Performance Obligation Management | - Manage performance obligations - Define contract identification and modification rules |
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