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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q67-Q72):

NEW QUESTION # 67
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?

A. Default Classification
B. Freeze Period
C. Source Document Type
D. Priority

Answer: D

NEW QUESTION # 68
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A. If nonexistent, these accounts need to be added to the chart of accounts.
B. These accounts are optional in Revenue Management.
C. These accounts are not relevant to Revenue Management.
D. If nonexistent, these accounts are added automatically to the chart of accounts.

Answer: D

NEW QUESTION # 69
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?

A. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
B. Create the performance obligation for the toaster manually.
C. Ignore the performance obligation for the toaster because it was free of cost to the customer.
D. Define an adhoc rule in the Revenue Price Profile to include the toaster.

Answer: A

NEW QUESTION # 70
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

What is the difference between Selling Amount and Allocated Amount?

A. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
B. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
C. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
D. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.

Answer: A

NEW QUESTION # 71
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 debt to customers for goods and services you are obliged to deliver to them by either party acting
C. Unearned Revenue
D. your invoiced goods and services less those goods and services that you have not yet delivered

Answer: B

NEW QUESTION # 72
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