Online Access Free 1Z1-1018 Exam Questions

In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?

• A.Review the calculated OSSP.
• B.Approve the OSSP by establishing it.
• C.Close the previous period.
• D.Run the Calculate Observed Standalone Selling Prices program.
• E.Categorize standalone sales by performance obligation.
• F.Run Create Accounting.

Which three attributes are helpful in defining a Contract Identification Rule?

• A.Product Description
• B.Ledger
• C.Business Unit
• D.Delivery Address
• E.Quote Number
• F.Bill To Customer

Which setup component Is NOT connected to a Revenue Price Profile?

• A.Items
• B.Source Document Types
• C.Pricing Dimension Segments
• D.Contract Identification Rules

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

• A.Analyze standalone selling prices for one or multiple effective periods.
• B.Review performance obligations by effective period.
• C.Monitor transaction price calculation and allocation.
• D.Diagnose revenue price profile.
• E.Drill down to data used to derive standalone selling prices.

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

• A.The total Transaction Price is over the user-defined threshold amount.
• B.The contract is missing standalone selling prices at the promised detail level or at obligation level.
• C.The contract is missing Billing data.
• D.The contract is missing satisfaction events.