Exam Questions for the Oracle 1Z0-1059-26 - Improve Your Career Prospects

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Revenue Management Implementation and Setup	28%	- Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Configure Revenue Management application components - Define system options, parameters, and reference data
Topic 2: Revenue Reporting and Analytics	22%	- Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data
Topic 3: Revenue Recognition and Accounting Rules	26%	- Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules
Topic 4: Revenue Contracts and Performance Obligations	24%	- Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q57-Q62):

NEW QUESTION # 57
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A. General Ledger journal creation
B. General Ledger account derivation based on predefined events
C. multiple accounting representations
D. revaluation of assets and liabilities
E. centralized accounting solution
F. stand-alone selling price derivation

Answer: A,C,D

NEW QUESTION # 58
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

A. SSP Tolerance Usage
B. Estimated Standalone Selling Prices
C. Pricing Dimension Assignment
D. Items
E. Observed Standalone Selling Prices

Answer: B,C,E

NEW QUESTION # 59
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 must not expire before the contingency can be removed and revenue recognized
C. 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
D. 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
E. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

Answer: C,E

NEW QUESTION # 60
Which is NOT a Price Band Type?

A. Set Band
B. Amount Band
C. Quantity Band
D. Percentage Band

Answer: D

NEW QUESTION # 61
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

A. Contract Price Variance
B. Contract Liability
C. Contract Expense
D. Contract Revenue
E. Contract Clearing
F. Contract Asset

Answer: C

NEW QUESTION # 62
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