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Every retake of the 1z1-974 exam costs another full registration fee — money better spent once, on solid preparation. TestKingIT gives you 60 practice questions for the Oracle Revenue Management Cloud Service 2017 Implementation Essentials exam plus a written refund policy, so the risk is on us, not you.

Oracle 1z1-974 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2017 Implementation Essentials
Exam Number:1Z0-974
Related Certifications:Oracle ERP Cloud certifications
Oracle Financials Cloud certifications
Oracle Revenue Management Cloud Service Implementation Professional
Exam Duration:120-150
Certificate Validity Period:18 months
Available Languages:English
Exam Format:Scenario-based Questions, Multiple Choice
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 Certification platform
Pre Condition:Recommended experience with Oracle ERP Cloud and Financials Cloud implementations. Training in Revenue Management Cloud Service is advised.
Official Syllabus URL:https://education.oracle.com

Oracle 1z1-974 Exam Syllabus Topics:

SectionObjectives
Reporting and Integration- Financial Reporting
  • 1. Revenue reporting
    • 2. Audit and reconciliation
      - Integration
      • 1. Subledger accounting integration
        • 2. Oracle ERP integration
          Setup and Configuration- Revenue Management Setup
          • 1. System options configuration
            • 2. Ledger and accounting setup
              - Pricing and Contract Setup
              • 1. Contract modification rules
                • 2. Standalone selling price configuration
                  Revenue Management Cloud Fundamentals- Revenue Management Concepts
                  • 1. Contract identification and performance obligations
                    • 2. Revenue recognition principles
                      - System Architecture
                      • 1. Oracle ERP Cloud integration points
                        • 2. Revenue Management data flow
                          Revenue Processing- Performance Obligation Handling
                          • 1. Identification and allocation
                            • 2. Revenue recognition scheduling
                              - Revenue Recognition
                              • 1. Revenue adjustment handling
                                • 2. Accounting events creation

                                  Before You Book the 1z1-974 Exam: Key Questions

                                  The 1z1-974 exam is Oracle's official test for the Oracle Revenue Management Cloud Service Implementation Essentials credential, a certification at the Professional level. Earning it tells employers your skills have been verified by the vendor itself, which carries real weight in hiring and promotion decisions. Within the same certification track, it sits alongside Oracle Financials Cloud certifications, Oracle ERP Cloud certifications, Oracle Revenue Management Cloud Service Implementation Professional, so it can also serve as a stepping stone toward those credentials.

                                  Oracle divides the Oracle Revenue Management Cloud Service 2017 Implementation Essentials exam into 4 domains. The largest ones are Revenue Processing, Reporting and Integration, Revenue Management Cloud Fundamentals — together these account for the bulk of your score, so start there. The complete domain-by-domain outline appears in the exam topics section above on this page.

                                  Two layers of protection here. First, delivery: your 1z1-974 product is available for instant download, and a copy lands in your email within one minute of payment — if 2 hours pass with nothing (check spam first), our support team will resend it. There is no cap on how many computers you can install it on. Second, the refund policy: if you take the 1z1-974 exam within 60 days of purchase and fail, you may claim a full refund. The claim needs a scanned enrollment slip plus your official Score Report PDF, filed within 2 days after the exam, and it is settled within 7 days. The policy covers only the corresponding exam — attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders are excluded, and the candidate's name must match the payer's. If you would rather keep studying, you can instead exchange your product for two free exam products of equal value and keep the update service on your original purchase.

                                  Yes — Oracle lists these official training options for Oracle Revenue Management Cloud Service 2017 Implementation Essentials candidates:

                                  Formal training teaches the syllabus; then the 60 practice questions from TestKingIT show you whether that knowledge holds up under real exam conditions.

                                  Of course. TestKingIT publishes a free PDF demo for the Oracle Revenue Management Cloud Service 2017 Implementation Essentials exam so you can review real sample questions and answers first. Every purchase also includes 365 days of free updates, and after that period you can renew the update service at a 50% discount directly from your member zone.

                                  Recommended experience with Oracle ERP Cloud and Financials Cloud implementations. Training in Revenue Management Cloud Service is advised. Eligibility rules are set by Oracle and do change from time to time, so double-check the latest requirements on the official exam page at https://education.oracle.com before you register.

                                  Registration for the 1z1-974 exam runs through these official channels:

                                  As for how you will actually sit the exam: Online proctored or test center exam via Oracle Certification platform. Choose whichever delivery option suits your setup when you book.

                                  Oracle Revenue Management Cloud Service 2017 Implementation Essentials Sample Questions:

                                  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. SSP Type
                                  • B. Performance Obligation Template
                                  • C. Item Identifier
                                  • D. Pricing Dimension
                                  • E. Unit of Measure
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,E  🗳️

                                  Explanation: Only visible for TestKingIT members. You can sign-up / login (it's free).

                                  Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

                                  • A. Inventory items
                                  • B. Business Units
                                  • C. Receivables configurations
                                  • D. Suppliers
                                  • E. Banks, branches and bank accounts
                                  • F. Customers
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,F  🗳️

                                  Which configuration component is Source Document Type NOT connected to?

                                  • A. Contract Identification Rules
                                  • B. Revenue Price Profile
                                  • C. Performance Obligation Template
                                  • D. Performance Obligation Identification Rules
                                  • E. Revenue Management System Options
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

                                  • A. Oracle Receivables
                                  • B. Oracle General Ledger
                                  • C. Oracle Subledger Accounting
                                  • D. Oracle Revenue Management Cloud
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,D  🗳️

                                  Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

                                  • A. Unearned Revenue
                                  • B. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
                                  • C. your invoiced goods and services less those goods and services that you have not yet delivered
                                  • D. your debt to customers for goods and services you are obliged to deliver to them by either party acting
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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