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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Revenue Contracts and Performance Obligations24%- Allocate transaction price to performance obligations
- Identify and define performance obligations and distinct goods/services
- Create and manage revenue contracts and contract modifications
- Handle contract assets, liabilities, and billing events
Revenue Recognition and Accounting Rules26%- Define and manage revenue recognition rules and schedules
- Configure accounting configurations, journal entries, and accounting methods
- Manage allocation and measurement of transaction prices
- Understand and apply ASC 606 / IFRS 15 standards
Revenue Management Implementation and Setup28%- Configure integration with Oracle Financials Cloud and other modules
- Set up standalone pricing and pricing dimension structures
- Define system options, parameters, and reference data
- Configure Revenue Management application components
Revenue Reporting and Analytics22%- Build analyses, dashboards, and infolets for revenue data
- Generate standard and custom revenue reports
- Monitor and reconcile revenue balances and accounting data
- Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q54-Q59):

NEW QUESTION # 54
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

Answer: A

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/OEDMF/VRM_CUSTOMER_CONTRACT_HEADERS_tbl.htm


NEW QUESTION # 55
A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

Answer: B


NEW QUESTION # 56
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

Answer: D


NEW QUESTION # 57
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

Answer: D


NEW QUESTION # 58
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

Answer: B


NEW QUESTION # 59
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