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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q51-Q56):

NEW QUESTION # 51
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 enter estimated prices manually for a given profile In the browser user Interface.
B. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
C. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
D. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
E. Run the Calculate Observed Standalone Selling Prices program to derive prices.
F. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.

Answer: B,E

NEW QUESTION # 52
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?

A. Create a secondary ledger.
B. Create a new primary ledger.
C. Using their existing primary ledger.
D. Create a reporting ledger.

Answer: C

NEW QUESTION # 53
How many tabs does the Customer Contract Source Data Import Template have?

A. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
B. four tabs that store data for the
C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
D. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

Answer: D

Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details

NEW QUESTION # 54
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

A. PowerPoint
B. PDF
C. HTML
D. Flat File

Answer: D

NEW QUESTION # 55
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:

How many performance obligations will be created In Revenue Management?

A. 0
B. 1
C. 2
D. 3

Answer: D

NEW QUESTION # 56
......

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