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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Implementation and Configuration	- Setup and functional configuration 1. Revenue management setup tasks 2. Source document and transaction mapping - Pricing and allocation rules 1. Revenue allocation rules setup 2. Standalone selling price (SSP) configuration
Topic 2: Integration and Reporting	- Integration with Oracle Cloud ERP 1. Source systems data ingestion 2. Subledger accounting integration - Reporting and analytics 1. Period close reporting 2. Revenue dashboards and reports
Topic 3: Revenue Recognition Processing	- Revenue recognition events 1. Revenue scheduling and accounting entries 2. Revenue adjustments and reallocation - Contract processing 1. Performance obligation fulfillment 2. Contract modification handling
Topic 4: 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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q72-Q77):

NEW QUESTION # 72
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.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

A. Create revenue prices in the Euro currency.
B. Create source document types specifically for Euro documents.
C. Populate exchange rates in Revenue Price Profile.
D. Populate Conversion Rate Type in System Options.

Answer: D

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348

NEW QUESTION # 73
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 an invoice is issued on 20-Sep-2017
B. when the consultant is deployed to assist customer on 10-Sep-2017
C. when the sales order Is booked on 14-Sep-2017
D. when the product is shipped on 15-Sep-2017

Answer: B

NEW QUESTION # 74
Which three tasks can be performed In the Revenue Management Work Area?

A. Edit Contract Identification Rules.
B. Review Observed Standalone Selling Prices.
C. Manage contracts in "Pending Review" status.
D. Manage contracts in "Pending Allocation" status.
E. Review Revenue Price Profiles.
F. Review Performance Satisfaction Plans.

Answer: B,C,D

NEW QUESTION # 75
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

A. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
B. Pricing estimates cannot be used In the absence of pricing data.
C. Revenue and performance obligation liabilities are not dependent on billing.
D. Expected consideration value is applicable to all industries.

Answer: B,D

NEW QUESTION # 76
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

A. whether Dynamic Combination Creation Allowed is enabled
B. the shape: Same number of segments and order
C. the Displayed option
D. the Query Required option
E. the value sets

Answer: A,B

NEW QUESTION # 77
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