Online Access Free 1z1-974 Exam Questions

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.

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

What is a Performance Obligation?

• A.a product code or SKU
• B.a combination of customer type and product code
• C.a promise to a customer
• D.a promise to a customer on which either party has acted

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.50 User Extensible Fields
• C.10 User Extensible Fields
• D.90 User Extensible Fields

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

• A.promise detail
• B.a shipment
• C.an invoice
• D.a performance obligation