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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q11-Q16):

NEW QUESTION # 11
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

A. Set Band
B. Deal Size Band
C. Quantity Band
D. Amount Band

Answer: D

NEW QUESTION # 12
How can you access an implementation task in Functional Setup Manager. (choose 3)

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

Answer: A,B,C

NEW QUESTION # 13
What does the creation of an allocation allow you to determine?

A. the fair value of each performance obligation
B. the ability not to revise previously reported revenue for revision, corrections, and other changes
C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
D. an allocation of the expected consideration over the performance obligations as if you had sold them separately

Answer: A

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm

NEW QUESTION # 14
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

A. when the product is shipped on 15-Sep-2017
B. when the sales order Is booked on 14-Sep-2017
C. when the consultant is deployed to assist customer on 10-Sep-2017
D. when an invoice is issued on 20-Sep-2017

Answer: C

NEW QUESTION # 15
Which statement Is True regarding the Customer Contract Source Data Import Template?

A. It is a custom template that you are required to build.
B. It Is a predefined HTML FBDI template.
C. It is a predefined Excel FBDI template.
D. It is a predefined Java FBDI template.

Answer: C

NEW QUESTION # 16
......

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