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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Revenue Recognition and Accounting Rules26%- Understand and apply ASC 606 / IFRS 15 standards
- Configure accounting configurations, journal entries, and accounting methods
- Define and manage revenue recognition rules and schedules
- Manage allocation and measurement of transaction prices
Topic 2: Revenue Management Implementation and Setup28%- Set up standalone pricing and pricing dimension structures
- Configure Revenue Management application components
- Configure integration with Oracle Financials Cloud and other modules
- Define system options, parameters, and reference data
Topic 3: Revenue Reporting and Analytics22%- Monitor and reconcile revenue balances and accounting data
- Build analyses, dashboards, and infolets for revenue data
- Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting
- Generate standard and custom revenue reports
Topic 4: Revenue Contracts and Performance Obligations24%- Create and manage revenue contracts and contract modifications
- Handle contract assets, liabilities, and billing events
- Allocate transaction price to performance obligations
- Identify and define performance obligations and distinct goods/services

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q79-Q84):

NEW QUESTION # 79
Which statement Is True regarding the Customer Contract Source Data Import Template?

Answer: C


NEW QUESTION # 80
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

Answer: A

Explanation:
https://docs.oracle.com/en/cloud/saas/financials/r13-update18a/fafrm/define-revenue-management.html#FAFRM2371348


NEW QUESTION # 81
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

Answer: C


NEW QUESTION # 82
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

Answer: A,D


NEW QUESTION # 83
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

Answer: D


NEW QUESTION # 84
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