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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - 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 - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services |
| 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 |
| Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. transaction price derived from the source system line import
- B. stand-alone selling price assigned to the promised detail line
- C. revenue recognized for each performance obligation
- D. transaction price distributed to each performance obligation
Correct Answer: D 🗳️
Which setup Is required to enable integration between Order Management and Revenue Management?
- A. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
- B. Create custom program to extract sales order and fulfillment data from Order Management.
- C. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
- D. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
- E. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
- F. Add Order Management in the Manage Trading Community Source Systems page.
Correct Answer: C 🗳️
If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?
- A. Delete Contracts from the Manage Customer Contracts Ul.
- B. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
- C. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
- D. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
- E. Delete the source data that was imported into Revenue Management and import new source data.
Correct Answer: C 🗳️
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?
- A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
- B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
- C. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
- D. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
Correct Answer: B 🗳️
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Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?
- A. when a source document type is enabled to use pricing bands
- B. when a value set segment label of Set Band is used
- C. when a pricing dimension structure Instance Is enabled for pricing bands
- D. when a pricing dimension structure is enabled for pricing bands
Correct Answer: D 🗳️
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