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How to Prepare For Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
Preparation Guide for Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
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Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Certification Path
The 1z0-1059-20 Certification is basic level certification organized by Oracle mainly focussing on revenue management of the Oracle cloud services skillset. There is no prerequisite for this exam.
Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Revenue Recognition Processing | - Revenue allocation rules - Revenue scheduling and recognition events - Accounting integration and journal entries |
| Topic 2: Revenue Contracts Management | - Performance obligations identification - Creating and managing revenue contracts - Standalone selling price allocation |
| Topic 3: Setup and Configuration | - Revenue management configuration tasks - System setup and prerequisites - Account and contract setup |
| Topic 4: Reporting and Monitoring | - Revenue dashboards and analytics - Transaction and contract reporting |
| Topic 5: Revenue Management Fundamentals | - Overview of Oracle Revenue Management Cloud Service (RMCS) - Core concepts of revenue recognition (ASC 606 / IFRS 15) |
