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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - Configure Revenue Management application components |
| Topic 2: Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events |
| Topic 3: Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting |
| Topic 4: Revenue Recognition and Accounting Rules | 26% | - Define and manage revenue recognition rules and schedules - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Which is the following is NOT a feature of personalization
- A. Saving searches
- B. Configuring table columns
- C. Changing text font
- D. Selecting default language
Correct Answer: C 🗳️
The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......
What is the difference between Selling Amount and Allocated Amount?
- A. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
- B. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
- C. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
- D. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
Correct Answer: A 🗳️
What is a Standalone Selling Price (SSP)?
- A. the sum of the SSPs of the components
- B. the price you would use if you sold to a customer separately
- C. the list price
- D. the average of your bundled price
Correct Answer: B 🗳️
Which statement is NOT applicable to Performance Obligation Templates?
- A. Oracle delivers three predefined Performance Obligation Templates,
- B. Performance Obligation Templates can be associated to a Revenue Price Profile.
- C. Performance Obligation Templates take precedence over Performance Obligation Rules.
- D. Performance Obligation Templates are specific to the business and cannot be predefined.
Correct Answer: A 🗳️
What does a Variable Consideration require?
- A. an estimate of the consideration be made at inception only
- B. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
- C. that the consideration be monetary
- D. a disclosure be made to the shareholders
Correct Answer: A 🗳️
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