1Z0-1059-20 Exam Dumps | Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing

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Oracle Revenue Management Cloud Service 2020 Implementation Essentials
Oracle.1z0-1059-20.v2021-05-04.q25
Question 7

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Question 7/25

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

A. your debt to customers for goods and services you are obliged to deliver to them by either party acting

B. your invoiced goods and services less those goods and services that you have not yet delivered

C. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered

D. Unearned Revenue

Correct Answer: A

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