Question 1

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?

Options :

A : Wether Dynamic Combination Creation Allowed is enabled

B : The value sets

C : The Query Required option

D : The Displayed option

E : The shape: Same nunmber of segments and order

Answer: A,B

Question 2

What does a Variable Consideration require?

Options :

A : an estimate of the consideration be made at inception only

B : that the consideration be monetary

C : an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

D : a disclosure be made to the shareholders

Answer: A

Question 3

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

Options :

A : You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue

B : You value the accrual at estimated consideration and it is a monetary debt.

C : You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

D : You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

E : Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

Answer: A

Question 4

Which setup Is required to enable integration between Order Management and Revenue Management?

Options :

A : Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.

B : Add Order Management in the Manage Trading Community Source Systems page.

C : Create custom program to extract sales order and fulfillment data from Order Management.

D : Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.

E : Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.

F : Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

Answer: A

Question 5

The predefined Revenue Contract Account Activities report originally had only one output option ofspreadsheet.Which output option can you now also choose to assist In handling a large number of records?

Options :

A : HTML

B : PowerPoint

C : Flat File

D : PDF

Answer: C

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