Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

• A. by setting SM to "Allow Partial" and SMM to "Quantity"
• B. by setting SM to "Allow Partial" and SMM to "Period"
• C. by setting SM to "Requires Complete" and SMM to "Quantity"
• D. by setting SM to "Requires Complete" and SMM to "Percent"
• E. by setting SM to "Requires Complete" and SMM to "Period"

The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

• A. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
• B. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
• C. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
• D. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.

What is the correct match sequence of the descriptions A, B and C against the titles?

• A. B, A, C
• B. C, B, A
• C. A, B, C
• D. C, A, B
• E. B, C, A
• F. A, C, B

Which is NOT a required piece of information when importing contract header Information from a source file?

• A. Record Type
• B. Date of Source Document
• C. Source System
• D. Source Document Unique Identifier Number 1
• E. Currency code of source document
• F. Source Document Type code

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

• A. by identifying and creating one or more performance obligations for a given accounting contract
• B. by allowing manual allocation of Total Transaction Price across performance obligations
• C. by calculating Total Transaction Price for contracts
• D. by restricting users from excluding contract lines
• E. by only creating contracts that are source system specific
• F. by grouping source document lines intro contracts for each identified customer