Oracle 1Z0-1018 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-1018
Exam Name/Title: Oracle Revenue Management Cloud Service 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Fusion Revenue Management Cloud Service

Exam Questions: 60
Updated On: Jul 10, 2026

Question #1

Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a predefined Java FBDI template.

B. It is a custom template that you are required to build.

C. It Is a predefined HTML FBDI template.

D. It is a predefined Excel FBDI template.

Discussion 0

Correct Answer: D Vote an answer

Question #2

Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

A. 50 User Extensible Fields

B. 10 User Extensible Fields

C. 60 User Extensible Fields

D. 90 User Extensible Fields

Discussion 0

Correct Answer: B Vote an answer

Question #3

What does a Variable Consideration require?

A. a disclosure be made to the shareholders

B. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

C. that the consideration be monetary

D. an estimate of the consideration be made at inception only

Discussion 0

Correct Answer: D Vote an answer

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Question #4

Which three attributes are helpful in defining a Contract Identification Rule?

A. Product Description

B. Ledger

C. Business Unit

D. Bill To Customer

E. Delivery Address

F. Quote Number

Discussion 0

Correct Answer: A,E,F Vote an answer

Question #5

Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

A. allocates the SSP to various satisfaction events

B. creates the accounting for the stages in the process

C. creates customer contracts and performance obligations

D. recognizes revenue if any satisfaction events exist

E. allocates the SSP to various performance obligations

Discussion 0

Correct Answer: B Vote an answer

Question #6

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

A. by calculating Total Transaction Price for contracts

B. by allowing manual allocation of Total Transaction Price across performance obligations

C. by restricting users from excluding contract lines

D. by only creating contracts that are source system specific

E. by grouping source document lines intro contracts for each identified customer

F. by identifying and creating one or more performance obligations for a given accounting contract

Discussion 0

Correct Answer: B,D,E Vote an answer

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