Practice 1Z0-1059-26 Test - 1Z0-1059-26 Latest Examprep

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| Section | Objectives |
|---|
| Topic 1: Implementation and Configuration | - Pricing and allocation rules
- 1. Revenue allocation rules setup
- 2. Standalone selling price (SSP) configuration
- Setup and functional configuration
- 1. Revenue management setup tasks
- 2. Source document and transaction mapping
|
| Topic 2: Revenue Recognition Processing | - Revenue recognition events
- 1. Revenue adjustments and reallocation
- 2. Revenue scheduling and accounting entries
- Contract processing
- 1. Contract modification handling
- 2. Performance obligation fulfillment
|
| Topic 3: 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
|
| Topic 4: Integration and Reporting | - Reporting and analytics
- 1. Revenue dashboards and reports
- 2. Period close reporting
- Integration with Oracle Cloud ERP
- 1. Source systems data ingestion
- 2. Subledger accounting integration
|
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q19-Q24):
NEW QUESTION # 19
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

- A. when the Deferred Revenue box is checked
- B. when it is a business requirement
- C. when Context Values are populated
- D. when the Type is Fixed or Variable
Answer: D
NEW QUESTION # 20
Which setup Is required to enable integration between Order Management and Revenue Management?
- A. Add Order Management in the Manage Trading Community Source Systems page.
- B. Create custom program to extract sales order and fulfillment data from Order Management.
- C. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
- D. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
- E. Configure settings In the Order Management section of the Manage Integrations 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 # 21
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?
- A. centralized accounting solution
- B. multiple accounting representations
- C. General Ledger journal creation
- D. General Ledger account derivation based on predefined events
- E. stand-alone selling price derivation
- F. revaluation of assets and liabilities
Answer: B,C,F
NEW QUESTION # 22
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
- A. 50 User Extensible Fields
- B. 90 User Extensible Fields
- C. 10 User Extensible Fields
- D. 60 User Extensible Fields
Answer: C
NEW QUESTION # 23
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?
- A. Performance obligation satisfaction event details.
- B. Sub contract level details.
- C. Sales order line level data.
- D. Sales order header level data.
Answer: A
NEW QUESTION # 24
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