1Z1-1059 試験問題を無料オンラインアクセス

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.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 must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.
• C.Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
• D.Time-based contingencies must not expire before the contingency can be removed and revenue recognized
• 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

Which three statements about Effective Periods are true?

• A.Effective Periods are used for standalone selling prices and for creating journal entries.
• B.You cannot have overlapping periods.
• C.Gaps between periods are not allowed.
• D.Effective Periods only define the rage where standalone selling prices of an item should be effective.
• E.If effective periods are not defined. Revenue Management uses the General Ledger calendar.

What does a Variable Consideration require?

• A.an estimate of the consideration be made at inception only
• B.a disclosure be made to the shareholders
• C.that the consideration be monetary
• D.an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

Which is a term under ASC 606 or IFRS 15?

• A.promise detail
• B.requires complete
• C.initial performance event
• D.transaction price

In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

• A.It tracks the difference in a Discount Allocation Account at the contract line level.
• B.It tracks the difference In a Discount Allocation Account at the contract level.
• C.It tracks the difference in a Write-off Allocation Account at the contract level.
• D.It Tracks the difference in a Write-Off Allocation Account at the contract line level.