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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Reporting and Analytics | 22% | - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data |
| Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods |
| Revenue Management Implementation and Setup | 28% | - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure Revenue Management application components |
| Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?
A) Item Identifier
B) Reason
C) Pricing Dimension
D) Performance Obligation Template
E) Tolerance ranges
F) SSP Type
2. A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?
A) Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
B) Ignore the performance obligation for the toaster because it was free of cost to the customer.
C) Create the performance obligation for the toaster manually.
D) Define an adhoc rule in the Revenue Price Profile to include the toaster.
3. Why Is Satisfaction Method a key element of a Performance Obligation?
A) because it specifies whether revenue has been fully or partially recognized for a good or service
B) because it calculates the amount of Total Transaction Price allocated to date
C) because it calculates the percentage of Total Transaction Price allocated to date
D) because it determines whether revenue for a good or service is recognized Over Time or Point in Time
4. What is a contract modification?
A) a revision or correction to the estimate of variable consideration made at inception
B) a change to the contract caused by negotiation with the customer
C) an increase or decrease in expected collectability
D) a change (modification) to the contract data
5. Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?
A) when a pricing dimension structure Instance Is enabled for pricing bands
B) when a value set segment label of Set Band is used
C) when a pricing dimension structure is enabled for pricing bands
D) when a source document type is enabled to use pricing bands
Solutions:
| Question # 1 Answer: C,E,F | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |
