Using Event-Based Revenue Recognition for Service Documents (3M3)

1.

Choose the correct answer.

All invoices need to be already paid.

All relevant billing document requests need to be released.

A billing plan needs to be created.

No open items are allowed anymore.

2.

Choose the correct answer.

Assign a recognition key to an item category and optionally to certain materials

Assign a recognition key to all item categories and all materials.

Automatically replace all recognition keys with new ones.

Assign a recognition key to a customer.

3.

Choose the correct answer.

True

False

4.

There are three correct answers.

Projects

Service orders

Production orders

Cost centers

Sales orders

5.

Choose the correct answer.

Ensure the matching between costs and revenue for service orders

Replace the usage of service orders by service contracts

Guaranteed profit based on service contacts

Lower costs due to increased profit margins

6.

Choose the correct answer.

Values for service orders without a service confirmation

Values for billing document requests

Values for service contracts with status Fully Billed and all billing documents posted

Values for service confirmations that have all items released

Knowledge quiz