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Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

A.

60 User Extensible Fields

B.

10 User Extensible Fields

C.

90 User Extensible Fields

D.

50 User Extensible Fields

Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

A.

stand-alone selling price assigned to the promised detail line

B.

transaction price distributed to each performance obligation

C.

transaction price derived from the source system line import

D.

revenue recognized for each performance obligation

You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.

Which attribute needs to be updated to achieve this objective?

A.

Freeze Period

B.

Default Classification

C.

Source Document Type

D.

Priority

Which two are intended uses for the Standalone Selling Price Report Dashboard?

A.

Review performance obligations by effective period.

B.

Diagnose revenue price profile.

C.

Drill down to data used to derive standalone selling prices.

D.

Monitor transaction price calculation and allocation.

E.

Analyze standalone selling prices for one or multiple effective periods.

A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.

How should you handle this scenario In Revenue Management?

A.

Ignore the performance obligation for the toaster because it was free of cost to the customer.

B.

Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

C.

Create the performance obligation for the toaster manually.

D.

Define an adhoc rule in the Revenue Price Profile to include the toaster.

One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.

What is the name of this spreadsheet template?

A.

Customer Contract Source Documents Import

B.

Customer Sales Source Data Import

C.

Customer Contract Source Data Import

D.

Customer Sales Data Source Documents Import

When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you

consider that recognition depends on the nature of the contingency? (Choose two)

A.

Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

B.

Time-based contingencies must not expire before the contingency can be removed and revenue recognized

C.

Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet

D.

Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration

must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

E.

Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

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 Discount Allocation Account at the contract line level.

B.

It tracks the difference in a Write-off Allocation Account at the contract 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 line level.

Why Is Satisfaction Method a key element of a Performance Obligation?

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

Why are Source Document TypeCodesrequired when defining Source Document Types?

A.

Because they are Revenue Management Descriptive Flexfields.

B.

Because they are needed for integration with Product Management.

C.

Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.

D.

Because they provide uniqueness to the Source Document Types.