Online Access Free 1z1-974 Exam Questions

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 line level.
• C.It tracks the difference in a Write-off Allocation Account at the contract level.
• D.It tracks the difference In a Discount Allocation Account at the contract level.

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

• A.Performance Obligation Billed
• B.Standalone Selling Prices Allocated
• C.Performance Obligation Satisfied
• D.Initial Performance
• E.Revenue Recognized

When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

• A.when the Satisfaction Measurement Model is set to Period
• B.when the Satisfaction Measurement Model is set to Amount
• C.when the Satisfaction Measurement Model Is set to Percentage
• D.when the Satisfaction Measurement Model is set to Quantity

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

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

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

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