Online Access Free 1Z0-1018 Practice Test

What does the creation of an allocation allow you to determine?

• A.the ability not to revise previously reported revenue for revision, corrections, and other changes
• B.the fair value of each performance obligation
• C.an allocation of the expected consideration over the performance obligations as if you had sold them separately
• D.the maximum amount of revenue you can recognize soonest, postponing the minimum until later

What is a Performance Obligation?

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

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.10 User Extensible Fields
• B.50 User Extensible Fields
• C.90 User Extensible Fields
• D.60 User Extensible Fields

The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

• A.The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
• B.The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
• C.The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
• D.The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.

Which statement Is True regarding the Customer Contract Source Data Import Template?

• A.It is a predefined Excel FBDI template.
• B.It Is a predefined HTML FBDI template.
• C.It is a custom template that you are required to build.
• D.It is a predefined Java FBDI template.