Question 1

When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

Options :

A : when the Satisfaction Measurement Model is set to Amount

B : when the Satisfaction Measurement Model is set to Period

C : when the Satisfaction Measurement Model is set to Quantity

D : when the Satisfaction Measurement Model Is set to Percentage

Answer: B

Question 2

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

Options :

A : Product Description

B : Quote Number

C : Delivery Address

D : Bill To Customer

E : Ledger

F : Business Unit

Answer: A,B,C

Question 3

In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must becompleted.Which two are NOT included in the four step process?

Options :

A : Close the previous period.

B : Review the calculated OSSP.

C : Categorize standalone sales by performance obligation.

D : Approve the OSSP by establishing it.

E : Run the Calculate Observed Standalone Selling Prices program.

F : Run Create Accounting.

Answer: A,C

Question 4

Given your organization's Interactions with one of Its customers:A consultant is deployed to assist customer on 10-Sep-2017.A Sales order is booked on 14-Sep-2017.The Product is shipped on 15-Sep-2017.An Invoice is issued on 20-Sep-2017.When do you accrue the contract liability?

Options :

A : when the consultant is deployed to assist customer on 10-Sep-2017

B : when the product is shipped on 15-Sep-2017

C : when the sales order Is booked on 14-Sep-2017

D : when an invoice is issued on 20-Sep-2017

Answer: A

Question 5

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

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