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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q61-Q66):

NEW QUESTION # 61
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A. These accounts are not relevant to Revenue Management.
B. If nonexistent, these accounts need to be added to the chart of accounts.
C. These accounts are optional in Revenue Management.
D. If nonexistent, these accounts are added automatically to the chart of accounts.

Answer: D

NEW QUESTION # 62
Which is a term under ASC 606 or IFRS 15?

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

Answer: C

NEW QUESTION # 63
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A. General Ledger journal creation
B. centralized accounting solution
C. General Ledger account derivation based on predefined events
D. revaluation of assets and liabilities
E. multiple accounting representations
F. stand-alone selling price derivation

Answer: A,D,E

NEW QUESTION # 64
What is a contract modification?

A. an increase or decrease in expected collectability
B. a revision or correction to the estimate of variable consideration made at inception
C. a change (modification) to the contract data
D. a change to the contract caused by negotiation with the customer

Answer: D

NEW QUESTION # 65
Why are Source Document Type Codes required when defining Source Document Types?

A. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
B. Because they provide uniqueness to the Source Document Types.
C. Because they are Revenue Management Descriptive Flexfields.
D. Because they are needed for integration with Product Management.

Answer: D

NEW QUESTION # 66
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