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NEW QUESTION 43
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.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

  • A. Enter exchange rate information in Standalone Selling Price Profile.
  • B. Run the Revenue Management translation process.
  • C. Select Conversion Rate Type in the Source Document Type setup.
  • D. Provide currency conversion details in the Revenue Basis Data Import Template.
  • E. Enter Conversion Rate Type in System Options.

Answer: B,E

 

NEW QUESTION 44
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

  • A. recognizes revenue if any satisfaction events exist
  • B. allocates the SSP to various performance obligations
  • C. creates the accounting for the stages in the process
  • D. allocates the SSP to various satisfaction events
  • E. creates customer contracts and performance obligations

Answer: C

 

NEW QUESTION 45
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure
Revenue management to ensure that these items are grouped into one performance obligation?

  • A. By defining a Performance Obligation Template.
  • B. By defining a Standalone Selling Price Profile.
  • C. By defining a Contact Identification Rule.
  • D. By defining a Revenue Item Group

Answer: D

 

NEW QUESTION 46
Which is the following is NOT a feature of personalization

  • A. Saving searches
  • B. Configuring table columns
  • C. Changing text font
  • D. Selecting default language

Answer: C

 

NEW QUESTION 47
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 percentage of Total Transaction Price allocated to date
  • C. because it calculates the amount of Total Transaction Price allocated to date
  • D. because it specifies whether revenue has been fully or partially recognized for a good or service

Answer: A

 

NEW QUESTION 48
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