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Why Is Satisfaction Method a key element of a Performance Obligation?

• A.because it determines whether revenue for a good or service is recognized Over Time or Point in Time
• B.because it specifies whether revenue has been fully or partially recognized for a good or service
• C.because it calculates the amount of Total Transaction Price allocated to date
• D.because it calculates the percentage of Total Transaction Price allocated to date

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?

• A.Items
• B.Estimated Standalone Selling Prices
• C.Pricing Dimension Assignment
• D.SSP Tolerance Usage
• E.Observed Standalone Selling Prices

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

• A.Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
• B.Run the Calculate Observed Standalone Selling Prices program to derive prices.
• C.Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
• D.Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.

Given your organization's Interactions with one of Its customers:
* A consultant is deployed to assist customer on 10-Sep-2017.
* A Sales order is booked on 14-Sep-2017.
* The Product is shipped on 15-Sep-2017.
* An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

• A.when an invoice is issued on 20-Sep-2017
• B.when the consultant is deployed to assist customer on 10-Sep-2017
• C.when the product is shipped on 15-Sep-2017
• D.when the sales order Is booked on 14-Sep-2017

What is a Standalone Selling Price (SSP)?

• A.the average of your bundled price
• B.the price you would use if you sold to a customer separately
• C.the list price
• D.the sum of the SSPs of the components