Question 1

Which, when transferred to a customer, allows you to recognize revenue?

Options :

A : a shipment

B : a performance obligation

C : an invoice

D : promise detail

Answer: B

Question 2

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 calculates

transaction 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

Question 3

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 4

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 5

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

Options :

A : Contract Asset

B : Contract Price Variance

C : Contract Liability

D : Contract Revenue

E : Contract Expense

F : Contract Clearing

Answer: A

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