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| Section | Weight | Objectives |
|---|
| Topic 1: Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components
|
| Topic 2: Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules
|
| Topic 3: Revenue Reporting and Analytics | 22% | - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data
|
| Topic 4: Revenue Contracts and Performance Obligations | 24% | - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations
|
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Pass Guaranteed Quiz 2026 Oracle 1Z0-1059-26 Perfect Exam Questions Vce
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q21-Q26):
NEW QUESTION # 21
When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
- A. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
- B. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
- C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
- D. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
- E. Time-based contingencies must not expire before the contingency can be removed and revenue recognized
Answer: A,D
NEW QUESTION # 22
Which three statements about Effective Periods are true?
- A. Effective Periods only define the rage where standalone selling prices of an item should be effective.
- B. Gaps between periods are not allowed.
- C. Effective Periods are used for standalone selling prices and for creating journal entries.
- D. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
- E. You cannot have overlapping periods.
Answer: A,B,E
NEW QUESTION # 23
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?
- A. by setting SM to "Requires Complete" and SMM to "Period"
- B. by setting SM to "Allow Partial" and SMM to "Quantity"
- C. by setting SM to "Requires Complete" and SMM to "Quantity"
- D. by setting SM to "Requires Complete" and SMM to "Percent"
- E. by setting SM to "Allow Partial" and SMM to "Period"
Answer: A
NEW QUESTION # 24
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?
- A. Analysis
- B. Infolets
- C. Infotile
- D. Dashboards
Answer: A,D
NEW QUESTION # 25
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?
- A. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
- B. your invoiced goods and services less those goods and services that you have not yet delivered
- C. Unearned Revenue
- D. your debt to customers for goods and services you are obliged to deliver to them by either party acting
Answer: D
NEW QUESTION # 26
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