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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Reporting and Analytics | 22% | - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data |
| Topic 2: Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods |
| Topic 3: Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure Revenue Management application components - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules |
| Topic 4: Revenue Contracts and Performance Obligations | 24% | - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Question #1
What does a Variable Consideration require?
A. an estimate of the consideration be made at inception only
B. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
C. a disclosure be made to the shareholders
D. that the consideration be monetary
Question #2
What does the creation of an allocation allow you to determine?
A. the ability not to revise previously reported revenue for revision, corrections, and other changes
B. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
C. the fair value of each performance obligation
D. an allocation of the expected consideration over the performance obligations as if you had sold them separately
Question #3
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?
A. Infolets
B. Dashboards
C. Infotile
D. Analysis
Question #4
Which is NOT a predefined Accounting Class for Revenue Management?
A. Contract Liability
B. Contract Unearned Revenue
C. Contract Asset
D. Contract Discount
Question #5
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?
A. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
B. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
C. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
D. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
E. Run the Calculate Observed Standalone Selling Prices program to derive prices.
F. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
Solutions:
| Question #1 Correct Answer: A | Question #2 Correct Answer: C | Question #3 Correct Answer: B,D | Question #4 Correct Answer: B | Question #5 Correct Answer: A,E |
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