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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data |
| Topic 2: Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications |
| Topic 3: Revenue Reporting and Analytics | 22% | - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data |
| Topic 4: Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
A) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
B) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
C) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
D) Time-based contingencies must not expire before the contingency can be removed and revenue recognized
E) Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
2. Which is Not a required piece of information when importing contract header information from a source file?
A) Source System
B) Source Document Type code
C) Record Type
D) Currency code of source document
E) Date of source Document
F) Source Document Unique Identifier Number 1
3. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?
A) Oracle Receivables
B) Oracle Revenue Management Cloud
C) Oracle Subledger Accounting
D) Oracle General Ledger
4. A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:
Which Price Band Segment Label would be appropriate to use in this case?
A) Amount Band
B) Deal Size Band
C) Set Band
D) Quantity Band
5. 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
C) Identify Customer Contract Based on Party
D) Identify Customer Contract Based on Source Document Line
Solutions:
| Question # 1 Answer: C,E | Question # 2 Answer: F | Question # 3 Answer: B,C | Question # 4 Answer: A | Question # 5 Answer: B |
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