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QUESTION NO: 1
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 total Transaction Price is over the user-defined threshold amount.
B. The contract is missing Billing data.
C. The contract is missing standalone selling prices at the promised detail level or at obligation level.
D. The contract is missing satisfaction events.
Answer: A
Explanation
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.
QUESTION NO: 2
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. Items
B. Estimated Standalone Selling Prices
C. Observed Standalone Selling Prices
D. SSP Tolerance Usage
E. Pricing Dimension Assignment
Answer: B,C,E
QUESTION NO: 3
Which two are choices for the Satisfaction Method when defining a Performance Obligation
Identification Rule?
A. require partial
B. allow partial
C. allow complete
D. require complete
Answer: B,D
Explanation
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize- revenue.html#FAFRM2321853
QUESTION NO: 4
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. 50 User Extensible Fields
B. 10 User Extensible Fields
C. 90 User Extensible Fields
D. 60 User Extensible Fields
Answer: B
QUESTION NO: 5
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
A. PDF
B. Flat File
C. HTML
D. PowerPoint
Answer: B
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Updated: May 28, 2022