Oracle OM – Advanced Pricing

We know Advanced Pricing has some additional features compared to Basic Pricing, but how do we say that either we are using Advanced pricing or Basic pricing.

When you have pricing module (QP) installed as shared then you are using only the limited functionalities of pricing - Basic pricing.
When you have pricing module (QP) installed as full then all the functionalities are available to you - Advanced Pricing.

How do I check whether QP is installed as Shared or Full?

Select status as “Installation Status” from fnd_product_installation where patch_level like '%QP%';