Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 66

What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

Answer options

• A. the extended SSP amounts for all performance obligations in the customer contract
• B. the SSP amounts for all performance obligations in the customer contract
• C. the selling price for all performance obligations in the customer contract
• D. the allocated amount for all performance obligations in the customer contract
• E. the billing amount for all performance obligations in the customer contract

Correct answer: E

Explanation

The total transaction price is derived from the billing amount for all performance obligations, which reflects what the customer is actually paying. The other options refer to different calculations or metrics that do not represent the final price the customer will be charged.