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Oracle 1z1-974 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-974 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Financials Cloud Implementation |
| Passing Score: | 60% |
| Real Exam Qty: | 60 - 70 |
| Exam Price: | USD 245 |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Revenue Management Cloud Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle Certification Portal |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | Basic knowledge of Oracle Cloud and revenue accounting principles; no mandatory prerequisite exams |
| Official Syllabus URL: | 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:
| Section | Weight | Objectives |
|---|---|---|
| Service Implementation | 25% | - Troubleshooting implementation issues - Deploy Revenue Management Cloud Service - Process validation and testing |
| Integration Requirements | 20% | - Data flow and interfaces - Integration with Oracle Cloud applications |
| Setup and Configuration | 35% | - System parameters and options - Application configuration steps - Key setup components |
| Revenue Principles & Standards | 20% | - Revenue recognition guidelines ASC 606 and IFRS 15 - Core revenue management concepts |
What Makes Real4dumps's 1z1-974 Package Different
Oracle lists the following prerequisites for the Oracle Revenue Management Cloud Service 2017 Implementation Essentials: Basic knowledge of Oracle Cloud and revenue accounting principles; no mandatory prerequisite exams.
Verify the current requirements on the official certification page before registering.
Registration runs through the official channels below:
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The Oracle Revenue Management Cloud Service 2017 Implementation Essentials blueprint is organized around these main domains:
- Integration Requirements (20%)
- Revenue Principles & Standards (20%)
- Service Implementation (25%)
Additional domains follow in the official outline; our bank covers the complete set.
Per the latest exam information, the 1z1-974 exam contains 60 - 70 questions and allows 120 minutes minutes. The software and online engines let you rehearse under those exact conditions.
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Currently, the 1z1-974 exam requires a passing score of 60%, and the registration fee is USD 245. Both figures belong to Oracle and can change, so confirm them on the official site when you book.
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Oracle Revenue Management Cloud Service 2017 Implementation Essentials Sample Questions:
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?
- A. Unearned Revenue
- B. your invoiced goods and services less those goods and services that you have not yet delivered
- C. your debt to customers for goods and services you are obliged to deliver to them by either party acting
- D. 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
Correct Answer: C 🗳️

Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
- A. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.
- B. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
- C. Revenue Management can only integrate to Fusion Receivables.
- D. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.
Correct Answer: A,C 🗳️
Which three statements about Effective Periods are true?
- A. You cannot have overlapping periods.
- B. Gaps between periods are not allowed.
- C. If effective periods are not defined. Revenue Management uses the General Ledger calendar.
- D. Effective Periods are used for standalone selling prices and for creating journal entries.
- E. Effective Periods only define the rage where standalone selling prices of an item should be effective.
Correct Answer: A,D,E 🗳️
Why are Source Document Type Codes required when defining Source Document Types?
- A. Because they provide uniqueness to the Source Document Types.
- B. Because they are needed for integration with Product Management.
- C. Because they are Revenue Management Descriptive Flexfields.
- D. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
Correct Answer: B 🗳️
What does the creation of an allocation allow you to determine?
- A. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- B. the ability not to revise previously reported revenue for revision, corrections, and other changes
- C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- D. the fair value of each performance obligation
Correct Answer: D 🗳️
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