Oracle Revenue Management Cloud Service 2026 Implementation Professional: 1Z0-1059-26 Exam
"Oracle Revenue Management Cloud Service 2026 Implementation Professional", also known as 1Z0-1059-26 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 85 Q&As to your 1Z0-1059-26 Exam preparation. In the 1Z0-1059-26 exam resources, you will cover every field and category in Oracle Cloud Certification helping to ready you for your successful Oracle Certification.
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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data |
| Topic 2: Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules |
| Topic 3: Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services |
| Topic 4: Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Which statement Is True regarding the Customer Contract Source Data Import Template?
- A. It is a predefined Java FBDI template.
- B. It is a predefined Excel FBDI template.
- C. It Is a predefined HTML FBDI template.
- D. It is a custom template that you are required to build.
Correct Answer: B 🗳️
Which configuration component is Source Document Type NOT connected to?
- A. Revenue Price Profile
- B. Contract Identification Rules
- C. Performance Obligation Identification Rules
- D. Performance Obligation Template
- E. Revenue Management System Options
Correct Answer: A 🗳️
Oracle Revenue Management is part of_____________________predefined offering.
- A. Financials
- B. Incentive Compensation
- C. Fusion Accounting Hub
- D. Enterprise Contracts
Correct Answer: A 🗳️
Why Is Satisfaction Method a key element of a Performance Obligation?
- A. because it calculates the percentage of Total Transaction Price allocated to date
- B. because it calculates the amount of Total Transaction Price allocated to date
- C. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
- D. because it specifies whether revenue has been fully or partially recognized for a good or service
Correct Answer: C 🗳️
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. A, B, C
- B. A, C, B
- C. B, C, A
- D. C, B, A
- E. C, A, B
- F. B, A, C
Correct Answer: F 🗳️
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