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NEW QUESTION: 1
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS
15 versus the old standard?
A. Expected consideration value is applicable to all industries.
B. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
C. Revenue and performance obligation liabilities are not dependent on billing.
D. Pricing estimates cannot be used In the absence of pricing data.
Answer: A,D
NEW QUESTION: 2
You need to configure check-in steps for the front desk agents.
Which components should you configure? To answer, drag the appropriate components to the correct requirements. Each component may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 3
A. Option B
B. Option D
C. Option C
D. Option A
Answer: C,D
NEW QUESTION: 4
Examine the parameters for your database instance:
You execute the following command:
SQL> ALTER TABLESPACE undotbs1 RETENTION NOGUARANTEE;
Which statement is true in this scenario?
A. Undo data is written to flashback logs after 1200 seconds.
B. An attempt is made to keep inactive undo for 1200 seconds but transactions may overwrite the undo before that time has elapsed.
C. You can perform a Flashback Database operation only within the duration of 1200 seconds.
D. Inactive undo data is retained for 1200 seconds even if subsequent transactions fail due to lack of space in the undo tablespace.
Answer: B
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PR2F Exam Info
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PR2F Exam Topics
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