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1. 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?
A) Identify Customer Contract Based on Source Document Line
B) Identify Customer Contract Based on Party
C) Identify Customer Contract Based on Source Document
D) Identify Customer Contract Based on Source System
2. Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
A) 10 User Extensible Fields
B) 50 User Extensible Fields
C) 60 User Extensible Fields
D) 90 User Extensible Fields
3. What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?
A) Using their existing primary ledger.
B) Create a secondary ledger.
C) Create a new primary ledger.
D) Create a reporting ledger.
4. 65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?
A) By defining a grouping rule on the customer class
B) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
C) By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
D) By defining an item group and assigning that to the rule
E) By defining an exclusion rule to exclude customer classes that are "Retail"
5. A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?
A) Independent
B) Table
C) Subset
D) Dependent
E) Format Only
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: E |
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