Question 1

You define a Performance Obligation Identification Rule that uses the following matching attribute to groupsource document lines:Extensible Line Character Attribute 7Based on the data displayed:How many performance obligations will be created In Revenue Management?

Options :

A : 6

B : 4

C : 5

D : 3

Answer: D

Question 2

Which three statements about Effective Periods are true?

Options :

A : If effective periods are not defined. Revenue Management uses the General Ledger calendar.

B : Effective Periods are used for standalone selling prices and for creating journal entries.

C : Gaps between periods are not allowed.

D : You cannot have overlapping periods.

E : Effective Periods only define the rage where standalone selling prices of an item should be effective.

Answer: A,B,D

Question 3

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

Options :

A : allocates the SSP to various satisfaction events

B : creates the accounting for the stages in the process

C : allocates the SSP to various performance obligations

D : recognizes revenue if any satisfaction events exist

E : creates customer contracts and performance obligations

Answer: B

Question 4

Why Is Satisfaction Method a key element of a Performance Obligation?

Options :

A : because it determines whether revenue for a good or service is recognized Over Time or Point in Time

B : because it calculates the amount of Total Transaction Price allocated to date

C : because it calculates the percentage of Total Transaction Price allocated to date

D : because it specifies whether revenue has been fully or partially recognized for a good or service

Answer: A

Question 5

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculatestransaction totals, allocations, and creates accounting in the ledger currency.Which two options are available In Revenue Management to convert transaction amounts to the USDcurrency?

Options :

A : Select Conversion Rate Type in the Source Document Type setup.

B : Run the Revenue Management translation process.

C : Enter Conversion Rate Type in System Options.

D : Provide currency conversion details in the Revenue Basis Data Import Template.

E : Enter exchange rate information in Standalone Selling Price Profile.

Answer: B,C