Oracle Autonomous Database Cloud 2020 Specialist — Question 35
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
Answer options
- A. Monthly, Quarterly, or Semiannually
- B. After Completion
- C. When Paid
- D. When Billed
Correct answer: C
Explanation
The correct answer is C, 'When Paid', as revenue recognition typically occurs before payment is received, based on contractual terms. The other options, such as 'Monthly, Quarterly, or Semiannually', 'After Completion', and 'When Billed', are all accepted methods for recognizing revenue in project management.