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NEW QUESTION 28
The Business Intelligence repository contains metadata that defines columns, which you can include in an analysis.
Which three types of columns are available when you create or edit an analysis? (Choose three.)

A. AttributeB. FactC. SumD. HierarchyE. Function

Answer: A,B,D

 

NEW QUESTION 29
An invoice for $100 USD has revenue deferred due to unmet payment-based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 USD has been issued against this invoice.
Explain how revenue accounting will occur.

A. Earned revenue will be debited for $50 USD.B. Unearned revenue will be credited for $100 USD.C. Earned revenue will be credited for $50 USD.D. Unearned revenue will be debited for $50 USD.

Answer: C

 

NEW QUESTION 30
A client rents equipment for special events. They have the following invoicing requirements: invoice must De entered and be due either immediately, or 20 or 10 days before the event. The Deferred Event Revenue Account for Rentals is to be credited at the time of invoice booking. After the events occur, the client wants all lines to debit the Deferred Event Revenue Account and credit the Event Revenue.
How can you meet this requirement?

A. Create a Revenue Contingency with Revenue Policy as None, Contingency Primary Removal Event as Invoicing, and Optional Removal Event as Transaction Date, with Transaction Date being the Event Date.B. Create a Revenue Contingency with Revenue Policy as None, Contingency Primary Removal Event as Contingency Expiration, and Optional Removal Event as Transaction Date, with Transaction Date being the Event Date.C. Create a Revenue Contingency with Revenue Policy as Credit, Contingency Primary Removal Event as Milestone Billing, and Optional Removal Event as Fulfillment Date.D. Create a Revenue Contingency with Revenue Policy as None and Contingency Primary Removal Event as Payment.

Answer: D

 

NEW QUESTION 31
You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?

A. Net 45 (Enterprise Set), Net 45 (USA Set)B. Net 30 (Enterprise Set), Net 45 (USA Set)C. Net 30 (Enterprise Set), Net 45 (Enterprise Set)D. 1%/10 Net 30 (USA Set), Net 45 (USA Set)

Answer: C

 

NEW QUESTION 32
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