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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Revenue Recognition and Accounting Rules26%- Configure accounting configurations, journal entries, and accounting methods
- Understand and apply ASC 606 / IFRS 15 standards
- Define and manage revenue recognition rules and schedules
- Manage allocation and measurement of transaction prices
Topic 2: Revenue Management Implementation and Setup28%- 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 3: Revenue Contracts and Performance Obligations24%- Create and manage revenue contracts and contract modifications
- Allocate transaction price to performance obligations
- Identify and define performance obligations and distinct goods/services
- Handle contract assets, liabilities, and billing events
Topic 4: Revenue Reporting and Analytics22%- 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

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?

A) Format Only
B) Subset
C) Independent
D) Table
E) Dependent


2. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A) Oracle Subledger Accounting
B) Oracle Revenue Management Cloud
C) Oracle Receivables
D) Oracle General Ledger


3. The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

A) The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
B) The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
C) The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
D) The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.


4. Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A) require partial
B) allow complete
C) allow partial
D) require complete


5. In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

A) It tracks the difference in a Write-off Allocation Account at the contract level.
B) It tracks the difference In a Discount Allocation Account at the contract level.
C) It tracks the difference in a Discount Allocation Account at the contract line level.
D) It Tracks the difference in a Write-Off Allocation Account at the contract line level.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A,B
Question # 3
Answer: D
Question # 4
Answer: C,D
Question # 5
Answer: C

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