[Apr-2022] Exam 1Z0-1059-21 New Brain Dump Professional – DumpsTests [Q42-Q65]

NO.42 Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

NO.43 Which three tasks are associated with defining a Pricing Dimension Structure?

NO.44 The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the “Customer Contract Source Document Sub Lines” tab (VRM_SOURCE_DOC_SUB_LINES table)?

NO.45 What is a Standalone Selling Price (SSP)?

NO.46 Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

NO.47 What does the creation of an allocation allow you to determine?

NO.48 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?

NO.49 Which is NOT a required piece of information when importing contract header Information from a source file?

NO.50 What is the correct match sequence of the descriptions A, B and C against the titles?

NO.51 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?

NO.52 Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

NO.53 Which is a term under ASC 606 or IFRS 15?

NO.54 What does a Variable Consideration require?

NO.55 Which is the following is NOT a feature of personalization

NO.56 Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

NO.57 The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill…….

What is the difference between Selling Amount and Allocated Amount?

NO.58 A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

NO.59 What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

NO.60 What is a Performance Obligation?

NO.61 After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?

NO.62 After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

NO.63 Which two settings are related to the “Invalid Line Handling” Revenue Management System Option?

NO.64 After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?

NO.65 Which is NOT a predefined Accounting Class for Revenue Management?