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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Revenue Contracts and Performance Obligations24%- 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
Revenue Reporting and Analytics22%- 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
Revenue Recognition and Accounting Rules26%- Manage allocation and measurement of transaction prices
- Define and manage revenue recognition rules and schedules
- Understand and apply ASC 606 / IFRS 15 standards
- Configure accounting configurations, journal entries, and accounting methods
Revenue Management Implementation and Setup28%- Set up standalone pricing and pricing dimension structures
- Configure Revenue Management application components
- Configure integration with Oracle Financials Cloud and other modules
- Define system options, parameters, and reference data

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q84-Q89):

NEW QUESTION # 84
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

Answer: B


NEW QUESTION # 85
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

Answer: A


NEW QUESTION # 86
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

Answer: D

Explanation:
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.


NEW QUESTION # 87
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

Answer: B


NEW QUESTION # 88
Why are Source Document Type Codes required when defining Source Document Types?

Answer: B


NEW QUESTION # 89
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