1Z0-1059-26 Exam Preparation & 1Z0-1059-26 Study Guide & 1Z0-1059-26 Best Questions

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Integration and Reporting	- Reporting and analytics 1. Revenue dashboards and reports 2. Period close reporting - Integration with Oracle Cloud ERP 1. Subledger accounting integration 2. Source systems data ingestion
Revenue Recognition Processing	- Contract processing 1. Performance obligation fulfillment 2. Contract modification handling - Revenue recognition events 1. Revenue adjustments and reallocation 2. Revenue scheduling and accounting entries
Implementation and Configuration	- Pricing and allocation rules 1. Standalone selling price (SSP) configuration 2. Revenue allocation rules setup - Setup and functional configuration 1. Source document and transaction mapping 2. Revenue management setup tasks
Revenue Management Cloud Service Fundamentals	- Core concepts of Revenue Management Cloud 1. Subscription and contract revenue concepts 2. Revenue lifecycle and recognition principles - Revenue standards overview 1. Performance obligations identification 2. IFRS 15 / ASC 606 principles

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q76-Q81):

NEW QUESTION # 76
The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A. The contract is missing standalone selling prices at the promised detail level or at obligation level.
B. The contract is missing Billing data.
C. The total Transaction Price is over the user-defined threshold amount.
D. The contract is missing satisfaction events.

Answer: C

Explanation:
Accounting contracts with a total transaction price that is greater than the user-defined threshold amount you defined in your system options. Contracts in this list are significant value contracts.

NEW QUESTION # 77
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A. If nonexistent, these accounts are added automatically to the chart of accounts.
B. These accounts are optional in Revenue Management.
C. These accounts are not relevant to Revenue Management.
D. If nonexistent, these accounts need to be added to the chart of accounts.

Answer: A

NEW QUESTION # 78
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

A. Unearned Revenue
B. your debt to customers for goods and services you are obliged to deliver to them by either party acting
C. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
D. your invoiced goods and services less those goods and services that you have not yet delivered

Answer: B

NEW QUESTION # 79
Which three attributes are helpful in defining a Contract Identification Rule?

A. Quote Number
B. Product Description
C. Bill To Customer
D. Business Unit
E. Ledger
F. Delivery Address

Answer: A,B,F

NEW QUESTION # 80
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 Performance Obligation Template.
B. By defining a Revenue Item Group
C. By defining a Contact Identification Rule.
D. By defining a Standalone Selling Price Profile.

Answer: B

NEW QUESTION # 81
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