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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Revenue Recognition Processing- Revenue recognition events
  • 1. Revenue scheduling and accounting entries
    • 2. Revenue adjustments and reallocation
      - Contract processing
      • 1. Contract modification handling
        • 2. Performance obligation fulfillment
          Revenue Management Cloud Service Fundamentals- Core concepts of Revenue Management Cloud
          • 1. Subscription and contract revenue concepts
            • 2. Revenue lifecycle and recognition principles
              - Revenue standards overview
              • 1. Performance obligations identification
                • 2. IFRS 15 / ASC 606 principles
                  Integration and Reporting- Integration with Oracle Cloud ERP
                  • 1. Source systems data ingestion
                    • 2. Subledger accounting integration
                      - Reporting and analytics
                      • 1. Revenue dashboards and reports
                        • 2. Period close reporting
                          Implementation and Configuration- Pricing and allocation rules
                          • 1. Revenue allocation rules setup
                            • 2. Standalone selling price (SSP) configuration
                              - Setup and functional configuration
                              • 1. Revenue management setup tasks
                                • 2. Source document and transaction mapping

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

                                  NEW QUESTION # 23
                                  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?

                                  Answer: C


                                  NEW QUESTION # 24
                                  Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

                                  Answer: E


                                  NEW QUESTION # 25
                                  A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

                                  Answer: A


                                  NEW QUESTION # 26
                                  Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

                                  Answer: A,D


                                  NEW QUESTION # 27
                                  What is a Standalone Selling Price (SSP)?

                                  Answer: A


                                  NEW QUESTION # 28
                                  ......

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