Free 1z0-1059-20 Exam Dumps

Question 16

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

A. a shipment
B. a performance obligation
C. an invoice
D. promise detail

Correct Answer:B

Question 17

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 "Requires Complete" 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 "Allow Partial" and SMM to "Period"

Correct Answer:B

Question 18

If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?

A. Delete the source data that was imported into Revenue Management and import new source data.
B. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
C. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
D. Delete Contracts from the Manage Customer Contracts Ul.
E. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customercontracts program again.

Correct Answer:C