1Z0-1059-26 Technical Training | 1Z0-1059-26 Certification Training

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Implementation and Configuration- Pricing and allocation rules
  • 1. Revenue allocation rules setup
    • 2. Standalone selling price (SSP) configuration
      - Setup and functional configuration
      • 1. Source document and transaction mapping
        • 2. Revenue management setup tasks
          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. Subscription and contract revenue concepts
                • 2. Revenue lifecycle and recognition principles
                  Integration and Reporting- Reporting and analytics
                  • 1. Period close reporting
                    • 2. Revenue dashboards and reports
                      - Integration with Oracle Cloud ERP
                      • 1. Subledger accounting integration
                        • 2. Source systems data ingestion
                          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

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                                  Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q19-Q24):

                                  NEW QUESTION # 19
                                  A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

                                  Answer: A

                                  Explanation:
                                  https://docs.oracle.com/cloud/farel12/financialscs_gs/OEDMF/VRM_CUSTOMER_CONTRACT_HEADERS_tbl.htm


                                  NEW QUESTION # 20
                                  A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
                                  Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

                                  Answer: C,E


                                  NEW QUESTION # 21
                                  Which is a term under ASC 606 or IFRS 15?

                                  Answer: C


                                  NEW QUESTION # 22
                                  Which three statements about Effective Periods are true?

                                  Answer: B,C,E


                                  NEW QUESTION # 23
                                  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: B


                                  NEW QUESTION # 24
                                  ......

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