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How to Prepare For Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Preparation Guide for Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Introduction

Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals.

Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1059-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1059-20 Certification helps a candidate to validates his skills in revenue management of the Oracle cloud services.

In this guide, we will cover the 1z0-1059-20 Exam, 1z0-1059-20 Certified professional salary and all aspects of the 1z0-1059-20 Certification.

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What is the duration, language, and format of Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

  • Passing score: 64%
  • Number of Questions: 55
  • Length of Examination: 85 minutes
  • Format: Multiple choices
  • Language: English (U.S)

Topics of Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Candidates must know the exam topics before they start of preparation. Our 1z0-1059-20 Dumps will include the following topics:

1. Revenue Management Overview

  • Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
  • Explain Revenue Management Integration Requirements

2. Standalone Selling Prices

  • Setup Revenue Management and configure standalone pricing

3. Revenue Management Reporting

  • Explain how to create OTBI reporting objects
  • Explain delivered reports uses and processes

4. Revenue Management Setup and Configuration

  • Configure Revenue Management Cloud Services
  • NOTE: Placeholder for future Objective for another skill under Setup and Config

5. Revenue Contracts

  • Manage contracts and Revenue

Reference: https://education.oracle.com/oracle-revenue-management-cloud-service-2020-implementation-essentials/pexam_1Z0-1059-20

How to study the Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

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Oracle 1Z0-1059-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Management Fundamentals- Overview of Oracle Revenue Management Cloud Service
- Revenue principles and IFRS/ASC 606 concepts
Topic 2: Integration and Setup- Integration requirements with external systems
- System and application setup for Revenue Management
Topic 3: Revenue Contracts and Pricing- Managing customer contracts and data import templates
- Pricing dimensions and allocation methods
Topic 4: Revenue Recognition Operations- Handling contingencies and performance obligations
- Revenue recognition timing and rules
Topic 5: Reporting and Analytics- Using OTBI dashboards for revenue reporting
- Analyzing key performance metrics and reports
Topic 6: Standalone Selling Price- Policies for observed and estimated SSPs
- Configuring standalone selling price profiles

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