Online Access Free 1Z0-1059-24 Practice Test

Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

• A.when the product is shipped on 15-Sep-2017
• B.when the sales order Is booked on 14-Sep-2017
• C.when the consultant is deployed to assist customer on 10-Sep-2017
• D.when an invoice is issued on 20-Sep-2017

A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

• A.a pricing dimension structure instance
• B.pricing bands
• C.the source document types
• D.a pricing dimension structure

Why Is Satisfaction Method a key element of a Performance Obligation?

• A.because it determines whether revenue for a good or service is recognized Over Time or Point in Time
• B.because it calculates the amount of Total Transaction Price allocated to date
• C.because it calculates the percentage of Total Transaction Price allocated to date
• D.because it specifies whether revenue has been fully or partially recognized for a good or service

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

• A.Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
• B.Run the Calculate Observed Standalone Selling Prices program to derive prices.
• C.Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
• D.Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.

65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

• A.By defining an item group and assigning that to the rule
• B.By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
• C.By defining an exclusion rule to exclude customer classes that are "Retail"
• D.By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
• E.By defining a grouping rule on the customer class