Online Access Free 1Z1-1018 Practice Test

Which, when transferred to a customer, allows you to recognize revenue?

• A.promise detail
• B.a performance obligation
• C.a shipment
• D.an invoice

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.Observed Standalone Selling Prices
• C.Estimated Standalone Selling Prices
• D.Items
• E.Pricing Dimension Assignment

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

• A.The contract is missing standalone selling prices at the promised detail level or at obligation level.
• B.The contract is missing Billing data.
• C.The contract is missing satisfaction events.
• D.The total Transaction Price is over the user-defined threshold amount.

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

When is it required to populate a value for 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