Zuora 101 Revenue exam Correct
Questions And Answers
The process of transferring unposted journal entries from Zuora Revenue to your
company's general ledger is known as: Correct Answers Answer: Transfer Accounting
Managerial Accounting
Cost Accounting
Transfer Accounting
Equity Accounting
What is the price at which a vendor would sell an individual product or service to a
customer if it were sold separately to a customer? Correct Answers Answer: Standalone
Selling Price
Bookings Value
List Price
Contracted Price
Standalone Selling Price
Identify the two popular accounting standards that are used by a majority of publicly
traded companies globally to organize and present their financial reports periodically.
Correct Answers Answer: GAAP and IFRS
AS606
ASIND
GAAP
IFRS
ERFR
Deferred revenue is considered a liability because the business is collecting money that
it has not yet earned. Correct Answers TRUE
Which template is mapped to a Transaction Upload template in Zuora Revenue?
Correct Answers Answer: RC Grouping Template
Bundle template
All the above
POB template
RC Grouping template
The _____________setup in Zuora Revenue allows defining the allocation of revenue
across performance obligations. Correct Answers Answer: SSP Setup
Questions And Answers
The process of transferring unposted journal entries from Zuora Revenue to your
company's general ledger is known as: Correct Answers Answer: Transfer Accounting
Managerial Accounting
Cost Accounting
Transfer Accounting
Equity Accounting
What is the price at which a vendor would sell an individual product or service to a
customer if it were sold separately to a customer? Correct Answers Answer: Standalone
Selling Price
Bookings Value
List Price
Contracted Price
Standalone Selling Price
Identify the two popular accounting standards that are used by a majority of publicly
traded companies globally to organize and present their financial reports periodically.
Correct Answers Answer: GAAP and IFRS
AS606
ASIND
GAAP
IFRS
ERFR
Deferred revenue is considered a liability because the business is collecting money that
it has not yet earned. Correct Answers TRUE
Which template is mapped to a Transaction Upload template in Zuora Revenue?
Correct Answers Answer: RC Grouping Template
Bundle template
All the above
POB template
RC Grouping template
The _____________setup in Zuora Revenue allows defining the allocation of revenue
across performance obligations. Correct Answers Answer: SSP Setup