L6M7 Exam Tutorial | L6M7 Exam Dumps Demo & New L6M7 Test Dumps - Cads-Group

  • Exam Number/Code : L6M7
  • Exam Name : Commercial Data Management
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
First National Bank has an employee benefit program whereby all bank employees who meet the bank's credit underwriting standards may obtain consumer loans for major purchases or expenses at a rate that is less than the bank's prime rate. Can the bank allow its executive officers to borrow under this program?
A. Yes. However, executive officers must secure their loans with collateral valued at 100 percent of the loan balance or more.
B. No. However, the related interests of the executive officers may take advantage of it.
C. No. Executive officers may not have preferential interest rates under any circumstances.
D. Yes. Provided the program is available to everyone at the bank as an employee benefit, executive officers may also participate.
Answer: D

NEW QUESTION: 2
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?
A. Time-based contingencies must not expire before the contingency can be removed and revenue recognized.
B. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.
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 can expire but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.
Answer: B,D
Explanation:
http://docs.oracle.com/cd/E28271_01/fusionapps.1111/e20375/F569969AN6AB90.htm
Removal Events: Explained
The event-based revenue management process in Oracle Fusion Receivables manages the recognition of revenue on transactions with revenue contingencies. If a transaction has one or more revenue contingencies, Receivables defers revenue to an unearned revenue account until the contingencies expire.
The extent of the revenue deferral, and the subsequent timing of revenue recognition, depends on the nature of the contingency:
*
Time-based contingencies must expire before the contingency can be removed and revenue recognized.
*
Payment-based contingencies require payment before the contingency can be removed and revenue recognized.
*
Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
*
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.

NEW QUESTION: 3
VM1이라는 Azure 가상 컴퓨터와 Vault1이라는 복구 서비스 자격 증명 모음이 있습니다.
전시회에 표시된대로 백업 정책 1을 만듭니다. (전시회를 클릭하십시오.)

1 월 1 일 목요일에 Policy1을 사용하도록 VM1의 백업을 구성합니다.
VM1에 사용 가능한 복구 지점 수를 식별해야 합니다.
1 월 8 일과 1 월 15 일에 사용할 수있는 복구 지점은 몇 개입니까? 답변하려면 답변 영역에서 적절한 옵션을 선택하십시오.
참고 : 각각의 올바른 선택은 1 포인트의 가치가 있습니다.

Answer:
Explanation:

Explanation

Box 1: 6
4 daily + 1 weekly + monthly
Box 2: 8
4 daily + 2 weekly + monthly + yearly

NEW QUESTION: 4
Which HP Storage solution is built on an architecture that allows a customer to scale capacity andperformance linearly without incurring downtime or performance bottlenecks?
A. HP StoreEasy
B. HP StoreSure
C. HP StoreVirtual
D. HP StareServ
Answer: C

 

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