Online Access Free 1Z0-1059-24 Practice Test

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

• A.Pricing Dimension
• B.Tolerance ranges
• C.Item Identifier
• D.Performance Obligation Template
• E.Reason
• F.SSP Type

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

• A.Select Conversion Rate Type in the Source Document Type setup.
• B.Run the Revenue Management translation process.
• C.Enter exchange rate information in Standalone Selling Price Profile.
• D.Enter Conversion Rate Type in System Options.
• E.Provide currency conversion details in the Revenue Basis Data Import Template.

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.Subset
• B.Table
• C.Format Only
• D.Independent
• E.Dependent

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

• A.You value the accrual at estimated consideration and it is a monetary debt.
• B.You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
• C.You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
• D.You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
• E.Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

• A.whether Dynamic Combination Creation Allowed is enabled
• B.the value sets
• C.the Displayed option
• D.the shape: Same number of segments and order
• E.the Query Required option