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Oracle Exam 1Z0-1056-23 Topic 2 Question 2 Discussion
Actual exam question for
Oracle's
1Z0-1056-23 exam
Question #: 2
Topic #: 2
[All 1Z0-1056-23 Questions]
Topic #: 2
You defined a Payment Terms Threshold Policy to defer revenue recognition of 120 days. An invoice is imported with split Payment Terms, consisting of the following five installments:
What revenue amount would be deferred on this Imported Invoice?
Suggested Answer:
B
This is the revenue amount that would be deferred on this imported invoice. The Payment Terms Threshold Policy defers revenue recognition of 120 days, which means that only the first two installments (1000 and 4000) are within the threshold and can be recognized as revenue. The remaining three installments (1000, 2000, and 2000) are beyond the threshold and must be deferred until they are due. Verified Reference: [How You Manage Revenue Recognition - Oracle]
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