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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Integration and Data Flow	- Source data ingestion and transformation - Integration with Oracle ERP Cloud
Revenue Contracts and Performance Obligations	- Contract creation and management - Identification of performance obligations - Revenue allocation rules
Oracle Revenue Management Cloud Service Overview	- Core concepts of Revenue Management Cloud Service - Business use cases and industry applications
Revenue Recognition and Accounting Rules	- Standalone selling price allocation - Adjustments and reallocation scenarios - Revenue recognition models
Reporting and Troubleshooting	- Error handling and reconciliation - Standard reporting capabilities
System Configuration and Setup	- Initial setup and configuration options - Enterprise structures and accounting setup

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q32-Q37):

NEW QUESTION # 32
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
B. You value the accrual at estimated consideration and it is a monetary debt.
C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
D. 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.
E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

Answer: D

NEW QUESTION # 33
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A. require partial
B. allow partial
C. require complete
D. allow complete

Answer: B,C

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/recognize-revenue.html#FAFRM2321853

NEW QUESTION # 34
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

A. when a pricing dimension structure is enabled for pricing bands
B. when a source document type is enabled to use pricing bands
C. when a value set segment label of Set Band is used
D. when a pricing dimension structure Instance Is enabled for pricing bands

Answer: A

NEW QUESTION # 35
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A. Fixed Schedule
B. Daily Revenue Rate, All Periods
C. Daily Revenue Rate, Partial Periods
D. Daily Revenue Rate
E. Partial Schedule
F. Variable Schedule

Answer: A

NEW QUESTION # 36
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

A. Provide currency conversion details in the Revenue Basis Data Import Template.
B. Select Conversion Rate Type in the Source Document Type setup.
C. Enter exchange rate information in Standalone Selling Price Profile.
D. Run the Revenue Management translation process.
E. Enter Conversion Rate Type in System Options.

Answer: D,E

NEW QUESTION # 37
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