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NEW QUESTION 31
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would
you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

  • A. by setting SM to "Requires Complete" and SMM to "Period"
  • B. by setting SM to "Requires Complete" and SMM to "Quantity"
  • C. by setting SM to "Allow Partial" and SMM to "Period"
  • D. by setting SM to "Allow Partial" and SMM to "Quantity"
  • E. by setting SM to "Requires Complete" and SMM to "Percent"

Answer: A

 

NEW QUESTION 32
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

  • A. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
  • B. It tracks the difference in a Discount Allocation Account at the contract line level.
  • C. It tracks the difference In a Discount Allocation Account at the contract level.
  • D. It tracks the difference in a Write-off Allocation Account at the contract level.

Answer: B

 

NEW QUESTION 33
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

  • A. Partial Schedule
  • B. Fixed Schedule
  • C. Daily Revenue Rate
  • D. Daily Revenue Rate, All Periods
  • E. Daily Revenue Rate, Partial Periods
  • F. Variable Schedule

Answer: B

 

NEW QUESTION 34
Which is NOT a required piece of information when importing contract header Information from a source file?

  • A. Record Type
  • B. Currency code of source document
  • C. Date of Source Document
  • D. Source Document Type code
  • E. Source Document Unique Identifier Number 1
  • F. Source System

Answer: E

 

NEW QUESTION 35
......

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