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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q83-Q88):

NEW QUESTION # 83
Which is NOT a Price Band Type?

A. Amount Band
B. Percentage Band
C. Quantity Band
D. Set Band

Answer: B

NEW QUESTION # 84
How can you access an implementation task in Functional Setup Manager. (choose 3)

A. By navigating from the Welcome Springboard
B. By navigation to an offering's functional area
C. By navigating from the Implementation Project
D. By searching

Answer: B,C,D

NEW QUESTION # 85
When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)

A. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
B. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
C. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
D. Time-based contingencies must not expire before the contingency can be removed and revenue recognized
E. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

Answer: A,C

NEW QUESTION # 86
What is a Performance Obligation?

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

Answer: D

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

NEW QUESTION # 87
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

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

Answer: C,D

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

NEW QUESTION # 88
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