Last Updated: Aug 23, 2026
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| Section | Objectives |
|---|---|
| Revenue Recognition Processing | - Revenue recognition events
|
| Integration and Reporting | - Reporting and analytics
|
| Implementation and Configuration | - Pricing and allocation rules
|
| Revenue Management Cloud Service Fundamentals | - Core concepts of Revenue Management Cloud
|
1. Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
A) Estimated Standalone Selling Prices
B) Items
C) SSP Tolerance Usage
D) Observed Standalone Selling Prices
E) Pricing Dimension Assignment
2. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
A) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
B) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
C) Time-based contingencies must not expire before the contingency can be removed and revenue recognized
D) Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
E) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
3. You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:
How many performance obligations will be created In Revenue Management?
A) 4
B) 5
C) 6
D) 3
4. One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
What is the name of this spreadsheet template?
A) Customer Sales Data Source Documents Import
B) Customer Contract Source Data Import
C) Customer Sales Source Data Import
D) Customer Contract Source Documents Import
5. What is the correct match sequence of the descriptions A, B and C against the titles?
A) A, B, C
B) A, C, B
C) B, C, A
D) B, A, C
E) C, A, B
F) C, B, A
Solutions:
| Question # 1 Answer: A,D,E | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: D |
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