Which accrual methods are supported for project sales (fixed price / time and material)?
Note: There are 3 correct answers to this question.
Recognize at point of delivery is a method of recognizing revenue for fixed price and time and material projects when the goods are delivered or the services are provided. Recognize using cost-to-cost POC is a method of recognizing revenue for fixed price and time and material projects when the planned costs of the project have been incurred. Recognize at point of invoice is a method of recognizing revenue for fixed price and time and material projects when an invoice is submitted by the vendor.
What is the correct priority and sequence to determine the cost rate in case of an internal service confirmation?
Which of the following options can be configured in the Product Master?
Note: There are 3 correct answers to this question.
1. Sales Unit of Measure: This option allows you to set the sales unit of measure for a product. This is important for accurately calculating the sale price of a product. C. Tax Exemptions: This option allows you to specify any tax exemptions that may apply to the product. E. Standard Price Value: This option allows you to set the standard price value for the product, which is used to calculate the sale price of the product.
What is the correct priority and sequence to determine the cost rate in case of an internal service confirmation?
Which of the following options can be configured in the Product Master?
Note: There are 3 correct answers to this question.
1. Sales Unit of Measure: This option allows you to set the sales unit of measure for a product. This is important for accurately calculating the sale price of a product. C. Tax Exemptions: This option allows you to specify any tax exemptions that may apply to the product. E. Standard Price Value: This option allows you to set the standard price value for the product, which is used to calculate the sale price of the product.
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