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NEW QUESTION: 1
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. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.
C. 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.
D. 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.
E. Time-based contingencies must not expire before the contingency can be removed and revenue recognized.
Answer: A,D
Explanation:
References:

NEW QUESTION: 2
ODU0 frame rate is 1.25Gbits/s, ODU1 frame rate is 2.5Gbits/s, ODUflex frame rate is 40Gbits/s
A. FALSE
B. TRUE
Answer: A

NEW QUESTION: 3
Universal Containers is in the final stages of building a new application to track custom containers. During a review of the application, a business subject Matter Expert mentioned that it would be nice to be able to track additional container types beyond what was originally scoped during the plan and design phase. Which two actions should be performed to mitigate the risk? Choose 2 answers.
A. Escalate and communicate to stakeholders the risk and mitigate it by extending the timeline of the project to support the new requirement based on stakeholders input.
B. Have a discussion with the business subject Matter Expert and communicate that anew developer environment will be needed to mitigate the risk.
C. Have a discussion with the business subject Matter Expert and communicate that the Salesforce has limitations in supporting such a feature to mitigate the risk.
D. Escalate and communicate to stakeholders the risk and mitigate it by allocating additional resources to support the new requirement based on stakeholders input.
Answer: D