Question 1

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

Options :

A : Contract Asset

B : Contract Price Variance

C : Contract Liability

D : Contract Revenue

E : Contract Expense

F : Contract Clearing

Answer: A

Question 2

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?

Options :

A : when the Deferred Revenue box is checked

B : when it is a business requirement

C : when Context Values are populated

D : when the Type is Fixed or Variable

Answer: D

Question 3

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.

What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

Options :

A : Create source document types specifically for Euro documents.

B : Populate exchange rates in Revenue Price Profile.

C : Populate Conversion Rate Type in System Options.

D : Create revenue prices in the Euro currency.

Answer: C

Question 4

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?

Options :

A : Select Conversion Rate Type in the Source Document Type setup.

B : Run the Revenue Management translation process.

C : Enter Conversion Rate Type in System Options.

D : Provide currency conversion details in the Revenue Basis Data Import Template.

E : Enter exchange rate information in Standalone Selling Price Profile.

Answer: B,C

Question 5

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

Options :

A : Source System

B : Source Document Type code

C : Record Type

D : Currency code of source document

E : Source Document Unique Identifier Number 1

F : Date of source Document

Answer: A

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