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

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 3

If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?

Options :

A : Delete the source data that was imported into Revenue Management and import new source data.

B : Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.

C : Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.

D : Delete Contracts from the Manage Customer Contracts Ul.

E : Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.

Answer: C

Question 4

Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

Options :

A : require complete

B : allow partial

C : allow complete

D : require partial

Answer: A,B

Question 5

A corporation uses a primary ledger with a currency of USD. The organization's data includes sourcedocument lines with amounts expressed in the Euro currency. However, Revenue Management calculatestransaction totals, allocations, and creates accounting in the ledger currency.What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

Options :

A : Create source document types specifically for Euro documents.

B : Populate exchange rates in Revenue Price Profile.

C : Populate Conversion Rate Type in System Options.

D : Create revenue prices in the Euro currency.

Answer: C