Quiz 2026 Oracle High Pass-Rate Associate 1Z0-1059-26 Level Exam

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Reporting and Troubleshooting	- Standard reporting capabilities - Error handling and reconciliation
Revenue Recognition and Accounting Rules	- Revenue recognition models - Standalone selling price allocation - Adjustments and reallocation scenarios
Revenue Contracts and Performance Obligations	- Contract creation and management - Identification of performance obligations - Revenue allocation rules
Oracle Revenue Management Cloud Service Overview	- Business use cases and industry applications - Core concepts of Revenue Management Cloud Service
Integration and Data Flow	- Integration with Oracle ERP Cloud - Source data ingestion and transformation
System Configuration and Setup	- Initial setup and configuration options - Enterprise structures and accounting setup

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q15-Q20):

NEW QUESTION # 15
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?

A. Categorize standalone sales by performance obligation.
B. Run the Calculate Observed Standalone Selling Prices program.
C. Review the calculated OSSP.
D. Close the previous period.
E. Run Create Accounting.
F. Approve the OSSP by establishing it.

Answer: A,B

NEW QUESTION # 16
Which setup component Is NOT connected to a Revenue Price Profile?

A. Source Document Types
B. Items
C. Contract Identification Rules
D. Pricing Dimension Segments

Answer: A

NEW QUESTION # 17
Which is NOT a Price Band Type?

A. Percentage Band
B. Quantity Band
C. Amount Band
D. Set Band

Answer: A

NEW QUESTION # 18
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A. Oracle Revenue Management Cloud
B. Oracle Subledger Accounting
C. Oracle Receivables
D. Oracle General Ledger

Answer: A,B

NEW QUESTION # 19
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

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

Answer: A,C,E

NEW QUESTION # 20
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