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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods - Define and manage revenue recognition rules and schedules |
| Topic 2: Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Configure Revenue Management application components - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules |
| Topic 3: Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data |
| Topic 4: Revenue Contracts and Performance Obligations | 24% | - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
A) Estimated Standalone Selling Prices
B) Observed Standalone Selling Prices
C) SSP Tolerance Usage
D) Pricing Dimension Assignment
E) Items
2. After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?
A) Identify Customer Contract Based on Source System
B) Identify Customer Contract Based on Source Document Line
C) Identify Customer Contract Based on Source Document
D) Identify Customer Contract Based on Party
3. How many tabs does the Customer Contract Source Data Import Template have?
A) four tabs that store data for the
B) three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
C) two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
D) one tab that stores data for the VRM_SOURCE_DOCUMENTS table
4. At which level does Oracle Revenue management perform accounting?
A) Contract level
B) Performance obligation level
C) Legal entity level
5. Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
A) Contract Revenue
B) Contract Expense
C) Contract Liability
D) Contract Asset
E) Contract Clearing
F) Contract Price Variance
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: B |
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