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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Revenue Contracts and Performance Obligations24%- Identify and define performance obligations and distinct goods/services
- Allocate transaction price to performance obligations
- Create and manage revenue contracts and contract modifications
- Handle contract assets, liabilities, and billing events
Revenue Management Implementation and Setup28%- 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 Analytics22%- Generate standard and custom revenue reports
- 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
Revenue Recognition and Accounting Rules26%- Understand and apply ASC 606 / IFRS 15 standards
- Define and manage revenue recognition rules and schedules
- Manage allocation and measurement of transaction prices
- Configure accounting configurations, journal entries, and accounting methods

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q57-Q62):

NEW QUESTION # 57
Which is the following is NOT a feature of personalization

Answer: D


NEW QUESTION # 58
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

Answer: B

Explanation:
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.


NEW QUESTION # 59
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

Answer: C


NEW QUESTION # 60
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?

Answer: C


NEW QUESTION # 61
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: D

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


NEW QUESTION # 62
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