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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Weight	Objectives
Revenue Reporting and Analytics	22%	- 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 Management Implementation and Setup	28%	- Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components
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
Revenue Recognition and Accounting Rules	26%	- Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q23-Q28):

NEW QUESTION # 23
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. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
B. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
C. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
D. Run the Calculate Observed Standalone Selling Prices program to derive prices.
E. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
F. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.

Answer: D,F

NEW QUESTION # 24
Which three tasks are associated with defining a Pricing Dimension Structure?

A. Assign required segment labels to each segment.
B. Include user friendly prompts for each segment.
C. Analyze pricing policies across products and services.
D. Define up to 30 segments and name them.
E. Create multiple instances for a given Pricing Dimension Structure.
F. Define up to 20 segments and name them.

Answer: A,C,D

NEW QUESTION # 25
Which statement is NOT applicable to Performance Obligation Templates?

A. Oracle delivers three predefined Performance Obligation Templates,
B. Performance Obligation Templates are specific to the business and cannot be predefined.
C. Performance Obligation Templates can be associated to a Revenue Price Profile.
D. Performance Obligation Templates take precedence over Performance Obligation Rules.

Answer: A

NEW QUESTION # 26
Which is a term under ASC 606 or IFRS 15?

A. requires complete
B. transaction price
C. initial performance event
D. promise detail

Answer: B

NEW QUESTION # 27
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?

A. when the sales order Is booked on 14-Sep-2017
B. when an invoice is issued on 20-Sep-2017
C. when the consultant is deployed to assist customer on 10-Sep-2017
D. when the product is shipped on 15-Sep-2017

Answer: C

NEW QUESTION # 28
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