1Z0-1059-26 Pass Guide | 1Z0-1059-26 Technical Training

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Reporting and Troubleshooting	- Standard reporting capabilities - Error handling and reconciliation
Topic 2: System Configuration and Setup	- Enterprise structures and accounting setup - Initial setup and configuration options
Topic 3: Revenue Recognition and Accounting Rules	- Revenue recognition models - Standalone selling price allocation - Adjustments and reallocation scenarios
Topic 4: Revenue Contracts and Performance Obligations	- Contract creation and management - Identification of performance obligations - Revenue allocation rules
Topic 5: Oracle Revenue Management Cloud Service Overview	- Business use cases and industry applications - Core concepts of Revenue Management Cloud Service
Topic 6: Integration and Data Flow	- Source data ingestion and transformation - Integration with Oracle ERP Cloud

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
65-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 would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

A. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
B. By defining an exclusion rule to exclude customer classes that are "Retail"
C. By defining a grouping rule on the customer class
D. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
E. By defining an item group and assigning that to the rule

Answer: D

NEW QUESTION # 34
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

A. Create a reporting ledger.
B. Create a secondary ledger.
C. Using their existing primary ledger.
D. Create a new primary ledger.

Answer: C

NEW QUESTION # 35
At which level does Oracle Revenue management perform accounting?

A. Legal entity level
B. Performance obligation level
C. Contract level

Answer: B

NEW QUESTION # 36
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

A. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
B. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
C. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
D. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
E. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
F. Run the Calculate Observed Standalone Selling Prices program to derive prices.

Answer: D,F

NEW QUESTION # 37
Which two are intended uses for the Standalone Selling Price Report Dashboard?

A. Analyze standalone selling prices for one or multiple effective periods.
B. Review performance obligations by effective period.
C. Diagnose revenue price profile.
D. Drill down to data used to derive standalone selling prices.
E. Monitor transaction price calculation and allocation.

Answer: A,C

NEW QUESTION # 38
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