Oracle Revenue Management Cloud Service 2017 Implementation Essentials : 1z1-974

1z1-974 real exams

Exam Code: 1z1-974

Exam Name: Oracle Revenue Management Cloud Service 2017 Implementation Essentials

Updated: Jul 29, 2026

Q & A: 60 Questions and Answers

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Oracle Revenue Management Cloud Service is a comprehensive solution that enables organizations to effectively manage their revenue streams. It allows businesses to automate their revenue management processes and gain better visibility into their financial performance. Oracle Revenue Management Cloud Service 2017 Implementation Essentials certification exam validates the candidate's understanding of the Oracle Revenue Management Cloud Service and their ability to implement it in a real-world environment.

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To pass the Oracle 1z1-974 certification exam, candidates need to have a strong understanding of revenue management concepts and the ability to configure and customize Oracle Revenue Management Cloud Service to meet the needs of their organization. They should also be familiar with integration with other Oracle Cloud services, such as Oracle Financials Cloud and Oracle Sales Cloud. 1z1-974 exam consists of 60 multiple-choice questions and has a time limit of 105 minutes. Passing the exam demonstrates a high level of proficiency in implementing Oracle Revenue Management Cloud Service and can help professionals advance their careers in revenue management and finance.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-974

Oracle 1z1-974 Exam Syllabus Topics:

SectionObjectives
Revenue Management Setup and Configuration- Implement Revenue Management setup options
- Configure Revenue Management Cloud services
Contract and Performance Obligation Management- Manage performance obligations
- Define contract identification and modification rules
Revenue Management Integration Requirements- Integrate Revenue Management with source systems (e.g., Fusion Receivables)
- Define source document types and integration paths
Reporting and Recognition- Understand recognition schedules and rules
- Use reporting tools for revenue management
Revenue Pricing and Price Profiles- Manage revenue price profiles and pricing rules
- Define pricing dimension structures and segments
Revenue Principles and Standards- Identify components of revenue recognition in Oracle Revenue Management
- Explain revenue recognition principles under ASC 606 and IFRS 15

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