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NEW QUESTION 41
What is a contract modification?

A. a change (modification) to the contract dataB. a change to the contract caused by negotiation with the customerC. a revision or correction to the estimate of variable consideration made at inceptionD. an increase or decrease in expected collectability

Answer: B

 

NEW QUESTION 42
Which three attributes are helpful in defining a Contract Identification Rule?

A. Business UnitB. Bill To CustomerC. Delivery AddressD. Product DescriptionE. Quote NumberF. Ledger

Answer: C,D,E

 

NEW QUESTION 43
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

A. SuppliersB. CustomersC. Inventory itemsD. Business UnitsE. Banks, branches and bank accountsF. Receivables configurations

Answer: B,C,D

 

NEW QUESTION 44
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

A. when it is a business requirementB. when Context Values are populatedC. when the Type is Fixed or VariableD. when the Deferred Revenue box is checked

Answer: C

 

NEW QUESTION 45
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