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Last Updated: Jun 21, 2026
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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
B) Identify Customer Contract Based on Source System
C) Identify Customer Contract Based on Party
D) Identify Customer Contract Based on Source Document Line
2. Which method is used to allocate total transaction price across performance obligations in Revenue Management?
A) Two Step Allocation Method
B) Residual Allocation Method
C) Alternative Allocation Method
D) Inverted Allocation Method
E) Relative Allocation Method
3. What is a Performance Obligation?
A) a promise to a customer on which either party has acted
B) a combination of customer type and product code
C) a promise to a customer
D) a product code or SKU
4. The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
A) Flat File
B) PDF
C) HTML
D) PowerPoint
5. Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?
A) SSP Type
B) Tolerance ranges
C) Item Identifier
D) Pricing Dimension
E) Performance Obligation Template
F) Reason
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A,B,D |
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