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NEW QUESTION 24 
Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?
- A. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue Management.
- B. You can define date filters in order to consider only relevant data needed to comply with the new revenue recognition standards.
- C. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
- D. Revenue Management can only integrate to Fusion Receivables.
Answer: B,D
NEW QUESTION 25
Why Is Satisfaction Method a key element of a Performance Obligation?
- A. because it specifies whether revenue has been fully or partially recognized for a good or service
- B. because it calculates the percentage of Total Transaction Price allocated to date
- C. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
- D. because it calculates the amount of Total Transaction Price allocated to date
Answer: C
NEW QUESTION 26
Which setup component Is NOT connected to a Revenue Price Profile?
- A. Items
- B. Pricing Dimension Segments
- C. Contract Identification Rules
- D. Source Document Types
Answer: D
NEW QUESTION 27
Which is the following is NOT a feature of personalization
- A. Configuring table columns
- B. Changing text font
- C. Saving searches
- D. Selecting default language
Answer: B
NEW QUESTION 28
Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Drill down to data used to derive standalone selling prices.
- B. Monitor transaction price calculation and allocation.
- C. Review performance obligations by effective period.
- D. Analyze standalone selling prices for one or multiple effective periods.
- E. Diagnose revenue price profile.
Answer: D,E
NEW QUESTION 29
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
- A. SSP Tolerance Usage
- B. Pricing Dimension Assignment
- C. Estimated Standalone Selling Prices
- D. Items
- E. Observed Standalone Selling Prices
Answer: B,C,E
NEW QUESTION 30
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. creates the accounting for the stages in the process
- B. allocates the SSP to various satisfaction events
- C. allocates the SSP to various performance obligations
- D. creates customer contracts and performance obligations
- E. recognizes revenue if any satisfaction events exist
Answer: A
NEW QUESTION 31
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 Discount Allocation Account at the contract level.
- C. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
- D. It tracks the difference in a Write-off Allocation Account at the contract level.
Answer: A
NEW QUESTION 32
Which is a term under ASC 606 or IFRS 15?
- A. initial performance event
- B. transaction price
- C. promise detail
- D. requires complete
Answer: B
NEW QUESTION 33
A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?
- A. Table
- B. Independent
- C. Dependent
- D. Format Only
- E. Subset
Answer: D
NEW QUESTION 34
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?
- A. Reporting Studio
- B. Business Intelligence Publisher
- C. Smart View
- D. Oracle Transactional Business Intelligence
Answer: B
NEW QUESTION 35
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:
Which Price Band Segment Label would be appropriate to use in this case?
- A. Set Band
- B. Quantity Band
- C. Deal Size Band
- D. Amount Band
Answer: D
NEW QUESTION 36
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?
- A. by setting SM to "Requires Complete" and SMM to "Percent"
- B. by setting SM to "Requires Complete" and SMM to "Period"
- C. by setting SM to "Allow Partial" and SMM to "Period"
- D. by setting SM to "Requires Complete" and SMM to "Quantity"
- E. by setting SM to "Allow Partial" and SMM to "Quantity"
Answer: B
NEW QUESTION 37
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 38
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?
- A. require partial
- B. require complete
- C. allow partial
- D. allow complete
Answer: B,C
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853
NEW QUESTION 39
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