Online 1D0-1059-25-D Practice Test

Question 1

When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

Options :

A : when the Satisfaction Measurement Model is set to Amount

B : when the Satisfaction Measurement Model is set to Period

C : when the Satisfaction Measurement Model is set to Quantity

D : when the Satisfaction Measurement Model Is set to Percentage

Answer: B

Question 2

Which configuration component is Source Document Type NOT connected to?

Options :

A : Revenue Management System Options

B : Performance Obligation Template

C : Contract Identification Rules

D : Revenue Price Profile

E : Performance Obligation Identification Rules

Answer: D

Question 3

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

Options :

A : You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue

B : You value the accrual at estimated consideration and it is a monetary debt.

C : You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

D : You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

E : Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

Answer: A

Question 4

Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

Options :

A : require complete

B : allow partial

C : allow complete

D : require partial

Answer: A,B

Question 5

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?

Options :

A : Wether Dynamic Combination Creation Allowed is enabled

B : The value sets

C : The Query Required option

D : The Displayed option

E : The shape: Same nunmber of segments and order

Answer: A,B

EXPERTY DESIGNED 1D0-1059-25-D PRACTICE TEST