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NEW QUESTION 49
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?

A. Source Document TypeB. Default ClassificationC. PriorityD. Freeze Period

Answer: C

 

NEW QUESTION 50
How many tabs does the Customer Contract Source Data Import Template have?

A. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectivelyB. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectivelyC. four tabs that store data for the
VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectivelyD. one tab that stores data for the VRM_SOURCE_DOCUMENTS table

Answer: B

Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details

 

NEW QUESTION 51
Which, when transferred to a customer, allows you to recognize revenue?

A. a performance obligationB. a shipmentC. promise detailD. an invoice

Answer: A

 

NEW QUESTION 52
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A. Initial PerformanceB. Performance Obligation BilledC. Performance Obligation SatisfiedD. Revenue RecognizedE. Standalone Selling Prices Allocated

Answer: A,C,D

 

NEW QUESTION 53
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