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NEW QUESTION 20
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
- A. Inverted Allocation Method
- B. Residual Allocation Method
- C. Alternative Allocation Method
- D. Two Step Allocation Method
- E. Relative Allocation Method
Answer: D
NEW QUESTION 21
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. C, A, B
- B. A, C, B
- C. C, B, A
- D. B, A, C
- E. B, C, A
- F. A, B, C
Answer: D
NEW QUESTION 22
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
- A. by calculating Total Transaction Price for contracts
- B. by only creating contracts that are source system specific
- C. by allowing manual allocation of Total Transaction Price across performance obligations
- D. by grouping source document lines intro contracts for each identified customer
- E. by identifying and creating one or more performance obligations for a given accounting contract
- F. by restricting users from excluding contract lines
Answer: B,C,D
NEW QUESTION 23
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