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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Recognition Processing- Contract processing
  • 1. Performance obligation fulfillment
    • 2. Contract modification handling
      - Revenue recognition events
      • 1. Revenue adjustments and reallocation
        • 2. Revenue scheduling and accounting entries
          Topic 2: Integration and Reporting- Integration with Oracle Cloud ERP
          • 1. Subledger accounting integration
            • 2. Source systems data ingestion
              - Reporting and analytics
              • 1. Period close reporting
                • 2. Revenue dashboards and reports
                  Topic 3: Implementation and Configuration- Pricing and allocation rules
                  • 1. Revenue allocation rules setup
                    • 2. Standalone selling price (SSP) configuration
                      - Setup and functional configuration
                      • 1. Revenue management setup tasks
                        • 2. Source document and transaction mapping
                          Topic 4: Revenue Management Cloud Service Fundamentals- Revenue standards overview
                          • 1. IFRS 15 / ASC 606 principles
                            • 2. Performance obligations identification
                              - 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 (Q79-Q84):

                                  NEW QUESTION # 79
                                  Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

                                  Answer: A,E,F


                                  NEW QUESTION # 80
                                  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?

                                  Answer: B


                                  NEW QUESTION # 81
                                  Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

                                  Answer: A


                                  NEW QUESTION # 82
                                  One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
                                  What is the name of this spreadsheet template?

                                  Answer: D


                                  NEW QUESTION # 83
                                  In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
                                  Which two are NOT included in the four step process?

                                  Answer: B,E


                                  NEW QUESTION # 84
                                  ......

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