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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Revenue Recognition and Accounting Rules	26%	- Define and manage revenue recognition rules and schedules - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices
Topic 2: Revenue Reporting and Analytics	22%	- Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting
Topic 3: Revenue Contracts and Performance Obligations	24%	- Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services - Allocate transaction price to performance obligations
Topic 4: Revenue Management Implementation and Setup	28%	- Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data - Configure Revenue Management application components

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

NEW QUESTION # 72
Which configuration component is Source Document Type NOT connected to?

A. Contract Identification Rules
B. Revenue Price Profile
C. Performance Obligation Template
D. Revenue Management System Options
E. Performance Obligation Identification Rules

Answer: B

NEW QUESTION # 73
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?

A. By defining a Contact Identification Rule.
B. By defining a Revenue Item Group
C. By defining a Performance Obligation Template.
D. By defining a Standalone Selling Price Profile.

Answer: B

NEW QUESTION # 74
What does the creation of an allocation allow you to determine?

A. the ability not to revise previously reported revenue for revision, corrections, and other changes
B. an allocation of the expected consideration over the performance obligations as if you had sold them separately
C. the fair value of each performance obligation
D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later

Answer: C

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm

NEW QUESTION # 75
Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

A. Item Identifier
B. Pricing Dimension
C. Reason
D. Performance Obligation Template
E. Tolerance ranges
F. SSP Type

Answer: B,E,F

NEW QUESTION # 76
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

A. PDF
B. PowerPoint
C. HTML
D. Flat File

Answer: D

NEW QUESTION # 77
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