Oracle 1Z0-1059-26 Valid Real Test | Real 1Z0-1059-26 Exam

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| Section | Weight | Objectives |
|---|
| Topic 1: 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
|
| Topic 2: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data
|
| Topic 3: Revenue Contracts and Performance Obligations | 24% | - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications
|
| Topic 4: Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Configure Revenue Management application components
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q42-Q47):
NEW QUESTION # 42
Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Review performance obligations by effective period.
- B. Drill down to data used to derive standalone selling prices.
- C. Diagnose revenue price profile.
- D. Monitor transaction price calculation and allocation.
- E. Analyze standalone selling prices for one or multiple effective periods.
Answer: C,E
NEW QUESTION # 43
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Define up to 30 segments and name them.
- B. Create multiple instances for a given Pricing Dimension Structure.
- C. Include user friendly prompts for each segment.
- D. Assign required segment labels to each segment.
- E. Define up to 20 segments and name them.
- F. Analyze pricing policies across products and services.
Answer: A,D,F
NEW QUESTION # 44
Which is a term under ASC 606 or IFRS 15?
- A. transaction price
- B. initial performance event
- C. requires complete
- D. promise detail
Answer: A
NEW QUESTION # 45
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. recognizes revenue if any satisfaction events exist
- B. creates customer contracts and performance obligations
- C. creates the accounting for the stages in the process
- D. allocates the SSP to various satisfaction events
- E. allocates the SSP to various performance obligations
Answer: C
NEW QUESTION # 46
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

- A. when the Type is Fixed or Variable
- B. when the Deferred Revenue box is checked
- C. when it is a business requirement
- D. when Context Values are populated
Answer: A
NEW QUESTION # 47
......
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