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NEW QUESTION: 1
The client has implemented automatic revenue recognition using Revenue Polity Definitions. The payment term threshold of 150 days has been entered in the revenue policy. An invoice of $5,000 is imported with payment term that has four equal installment terms.
-Net 60 -Net 90 -Not 120
-Net 180
Select the amount of revenue that would be deferred in this case.
A. $2,500
B. $1, 250
C. $4, 750
D. $1.750
E. $5,000
Answer: E
Explanation:
Use the Payment Terms Threshold column to enter the maximum time period in days before payment terms become extended. When you enter or import a transaction with payment terms or an installment schedule that exceeds the payment terms policy, Receivables: Assigns the Extended Payment Term contingency to the transaction. Defers revenue on the entire transaction. Recognizes revenue on the transaction only to the extent of payments received. For example, you enter a payment terms threshold of 180 days on your revenue policy, and you later enter or import an invoice with payment terms that have four installments: Net 60 Net 90 Net 120 Net 200
Receivables defers the entire revenue amount on the invoice because the last installment exceeds the 180-day threshold by 20 days.
Reference: Oracle Fusion Applications Financials Implementation Guide, Payment Terms Threshold

NEW QUESTION: 2
An organization has one HP 10508 switch at the core of its campus LAN. The network administrator wants to implement Intelligent Resilient Framework (IRF) at the core of this campus LAN and asks you what he must purchase to implement IRF. What should you recommend?
A. two 12900 switches, because the 10508 switch does not support IRF
B. one 10508 switch and one IRF license
C. one 10508 switch and two IRF licenses
D. one 10508 switch
Answer: B

NEW QUESTION: 3

A. Option D
B. Option B
C. Option C
D. Option A
Answer: A

NEW QUESTION: 4



A. Option E
B. Option D
C. Option B
D. Option C
E. Option F
F. Option A
Answer: A