Oracle - 1Z0-1059-26–Valid Latest Exam Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Revenue Management Implementation and Setup28%- Define system options, parameters, and reference data
- Configure Revenue Management application components
- Configure integration with Oracle Financials Cloud and other modules
- Set up standalone pricing and pricing dimension structures
Revenue Recognition and Accounting Rules26%- Define and manage revenue recognition rules and schedules
- Configure accounting configurations, journal entries, and accounting methods
- Understand and apply ASC 606 / IFRS 15 standards
- Manage allocation and measurement of transaction prices
Revenue Reporting and Analytics22%- Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting
- Monitor and reconcile revenue balances and accounting data
- Build analyses, dashboards, and infolets for revenue data
- Generate standard and custom revenue reports
Revenue Contracts and Performance Obligations24%- Create and manage revenue contracts and contract modifications
- Handle contract assets, liabilities, and billing events
- Identify and define performance obligations and distinct goods/services
- Allocate transaction price to performance obligations

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q64-Q69):

NEW QUESTION # 64
Why Is Satisfaction Method a key element of a Performance Obligation?

Answer: D


NEW QUESTION # 65
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: C,D


NEW QUESTION # 66
How many tabs does the Customer Contract Source Data Import Template have?

Answer: C

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 # 67
Which setup Is required to enable integration between Order Management and Revenue Management?

Answer: A


NEW QUESTION # 68
Which is NOT a Price Band Type?

Answer: B


NEW QUESTION # 69
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