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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Implementation and Configuration	- Setup and functional configuration 1. Source document and transaction mapping 2. Revenue management setup tasks - Pricing and allocation rules 1. Revenue allocation rules setup 2. Standalone selling price (SSP) configuration
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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q65-Q70):

NEW QUESTION # 65
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?

A. creates customer contracts and performance obligations
B. recognizes revenue if any satisfaction events exist
C. allocates the SSP to various performance obligations
D. allocates the SSP to various satisfaction events
E. creates the accounting for the stages in the process

Answer: E

NEW QUESTION # 66
Which is the following is NOT a feature of personalization

A. Saving searches
B. Changing text font
C. Configuring table columns
D. Selecting default language

Answer: B

NEW QUESTION # 67
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

A. by only creating contracts that are source system specific
B. by restricting users from excluding contract lines
C. by calculating Total Transaction Price for contracts
D. by allowing manual allocation of Total Transaction Price across performance obligations
E. by identifying and creating one or more performance obligations for a given accounting contract
F. by grouping source document lines intro contracts for each identified customer

Answer: A,D,F

NEW QUESTION # 68
What does a Variable Consideration require?

A. that the consideration be monetary
B. an estimate of the consideration be made at inception only
C. a disclosure be made to the shareholders
D. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

Answer: B

Explanation:
https://cloud.oracle.com/opc/saas/RevMgmt/r12/wn/r12-revenue-wn.pdf (p.15)

NEW QUESTION # 69
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 "Percent"
B. by setting SM to "Allow Partial" and SMM to "Period"
C. by setting SM to "Requires Complete" and SMM to "Quantity"
D. by setting SM to "Requires Complete" and SMM to "Period"
E. by setting SM to "Allow Partial" and SMM to "Quantity"

Answer: D

NEW QUESTION # 70
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