Quiz Oracle - 1Z0-1059-26 - Oracle Revenue Management Cloud Service 2026 Implementation Professional Accurate Valid Exam Fee

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Integration and Reporting	- Integration with Oracle Cloud ERP 1. Source systems data ingestion 2. Subledger accounting integration - Reporting and analytics 1. Revenue dashboards and reports 2. Period close reporting
Revenue Recognition Processing	- Revenue recognition events 1. Revenue adjustments and reallocation 2. Revenue scheduling and accounting entries - Contract processing 1. Contract modification handling 2. Performance obligation fulfillment
Implementation and Configuration	- Pricing and allocation rules 1. Standalone selling price (SSP) configuration 2. Revenue allocation rules setup - Setup and functional configuration 1. Source document and transaction mapping 2. Revenue management setup tasks
Revenue Management Cloud Service Fundamentals	- Revenue standards overview 1. Performance obligations identification 2. IFRS 15 / ASC 606 principles - Core concepts of Revenue Management Cloud 1. Revenue lifecycle and recognition principles 2. Subscription and contract revenue concepts

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q37-Q42):

NEW QUESTION # 37
What is a Performance Obligation?

A. a product code or SKU
B. a combination of customer type and product code
C. a promise to a customer
D. a promise to a customer on which either party has acted

Answer: C

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAIRP/FAIRP2288193.htm#FAIRP2456627

NEW QUESTION # 38
Which is the following is NOT a feature of personalization

A. Saving searches
B. Selecting default language
C. Changing text font
D. Configuring table columns

Answer: C

NEW QUESTION # 39
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
C. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
D. You value the accrual at estimated consideration and it is a monetary debt.
E. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

Answer: A

NEW QUESTION # 40
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

A. when the Type is Fixed or Variable
B. when Context Values are populated
C. when the Deferred Revenue box is checked
D. when it is a business requirement

Answer: A

NEW QUESTION # 41
What is a contract modification?

A. a change to the contract caused by negotiation with the customer
B. a change (modification) to the contract data
C. an increase or decrease in expected collectability
D. a revision or correction to the estimate of variable consideration made at inception

Answer: A

NEW QUESTION # 42
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