Question 1

What is Oracle Advanced Pricing?

Accepted Answer

Oracle Advanced Pricing is a module for defining and managing complex pricing strategies, including discounts, promotions, and tiered pricing based on various attributes.

Question 2

What are pricing formulas?

Accepted Answer

Pricing formulas in Oracle define how prices are calculated using base prices and adjustments based on factors like quantity, customer, or date.

Question 3

How many modifier line types are available in Oracle Pricing

Accepted Answer

Oracle Pricing offers several modifier line types, including discount, surcharge, freight, and tax, allowing for diverse pricing adjustments.

Question 4

What is the modifier in Oracle Apps R12?

Accepted Answer

In Oracle Apps R12 Pricing, a modifier is a pricing rule that adjusts the base price of an item, such as applying discounts or surcharges based on specific conditions.

Advanced Pricing Model Formulas-Online Course