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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Integration and Data Flow	- Integration with Oracle ERP Cloud - Source data ingestion and transformation
Oracle Revenue Management Cloud Service Overview	- Core concepts of Revenue Management Cloud Service - Business use cases and industry applications
System Configuration and Setup	- Initial setup and configuration options - Enterprise structures and accounting setup
Revenue Contracts and Performance Obligations	- Identification of performance obligations - Revenue allocation rules - Contract creation and management
Reporting and Troubleshooting	- Standard reporting capabilities - Error handling and reconciliation
Revenue Recognition and Accounting Rules	- Revenue recognition models - Standalone selling price allocation - Adjustments and reallocation scenarios

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q23-Q28):

NEW QUESTION # 23
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
C. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
D. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
E. You value the accrual at estimated consideration and it is a monetary debt.

Answer: A

NEW QUESTION # 24
Which two are intended uses for the Standalone Selling Price Report Dashboard?

A. Analyze standalone selling prices for one or multiple effective periods.
B. Monitor transaction price calculation and allocation.
C. Diagnose revenue price profile.
D. Review performance obligations by effective period.
E. Drill down to data used to derive standalone selling prices.

Answer: A,C

NEW QUESTION # 25
Which is NOT a predefined Accounting Class for Revenue Management?

A. Contract Asset
B. Contract Discount
C. Contract Liability
D. Contract Unearned Revenue

Answer: D

NEW QUESTION # 26
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?

A. Enter Conversion Rate Type in System Options.
B. Select Conversion Rate Type in the Source Document Type setup.
C. Run the Revenue Management translation process.
D. Provide currency conversion details in the Revenue Basis Data Import Template.
E. Enter exchange rate information in Standalone Selling Price Profile.

Answer: A,C

NEW QUESTION # 27
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

A. Flat File
B. PowerPoint
C. PDF
D. HTML

Answer: A

NEW QUESTION # 28
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