Exam Oracle 1Z0-1059-26 Overview, Practice 1Z0-1059-26 Engine

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q61-Q66):

NEW QUESTION # 61
Which setup Is required to enable integration between Order Management and Revenue Management?

A. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
B. Create custom program to extract sales order and fulfillment data from Order Management.
C. Add Order Management in the Manage Trading Community Source Systems page.
D. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
E. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
F. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.

Answer: F

NEW QUESTION # 62
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. If nonexistent, these accounts are added automatically to the chart of accounts.
D. These accounts are not relevant to Revenue Management.

Answer: C

NEW QUESTION # 63
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?

A. Smart View
B. Oracle Transactional Business Intelligence
C. Business Intelligence Publisher
D. Reporting Studio

Answer: C

NEW QUESTION # 64
Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A. Performance Obligation Billed
B. Standalone Selling Prices Allocated
C. Performance Obligation Satisfied
D. Revenue Recognized
E. Initial Performance

Answer: C,D,E

NEW QUESTION # 65
The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

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

Answer: C,D

NEW QUESTION # 66
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