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NEW QUESTION 38
You define a Contract Identification Rule that uses the following source document attributes to match
transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:
How many contracts will be created In Revenue Management?
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: D
NEW QUESTION 39
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......
What is the difference between Selling Amount and Allocated Amount?
- A. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
- B. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
- C. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
- D. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
Answer: D
NEW QUESTION 40
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?
- A. when it is a business requirement
- B. when the Type is Fixed or Variable
- C. when the Deferred Revenue box is checked
- D. when Context Values are populated
Answer: B
NEW QUESTION 41
Which is a term under ASC 606 or IFRS 15?
- A. promise detail
- B. requires complete
- C. initial performance event
- D. transaction price
Answer: D
NEW QUESTION 42
Which configuration component is Source Document Type NOT connected to?
- A. Revenue Management System Options
- B. Revenue Price Profile
- C. Performance Obligation Template
- D. Contract Identification Rules
- E. Performance Obligation Identification Rules
Answer: B
NEW QUESTION 43
......
