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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. $5,000
B. $2,500
C. $1, 250
D. $4, 750
E. $1.750
Answer: A
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
What is the maximum number of licensed ports on Avaya Equinox H323 Edge?
A. 120 for the Appliance and 120 for the OVA version
B. 120 for both the Appliance and OVA version
C. 100 for the Appliance and 120 for the OVA version
D. 100 for both the Appliance and OVA version
Answer: C
NEW QUESTION: 3
View the Exhibit.
A customer wants to ensure that FlexPod Datacenter connections to the storage layer are highly available.
Which two configurations shown in the exhibit satisfy the customer's requirements? (Choose two.)
A. IV
B. III
C. I
D. II
Answer: B
NEW QUESTION: 4
A. Yes
B. No
Answer: A