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Introduction to Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam is designed for candidates who have knowledge and skills in revenue management of the Oracle cloud services or candidates who willing to have a strong understanding of revenue and cost management of the Oracle cloud services can go ahead and appear for this exam.
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How to study the Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
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Topics of Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
Candidates must know the exam topics before they start of preparation. Our 1z0-1059-20 Dumps will include the following topics:
1. Revenue Management Overview
- Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
- Explain Revenue Management Integration Requirements
2. Standalone Selling Prices
- Setup Revenue Management and configure standalone pricing
3. Revenue Management Reporting
- Explain how to create OTBI reporting objects
- Explain delivered reports uses and processes
4. Revenue Management Setup and Configuration
- Configure Revenue Management Cloud Services
- NOTE: Placeholder for future Objective for another skill under Setup and Config
5. Revenue Contracts
- Manage contracts and Revenue
Oracle 1Z0-1059-20 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Revenue Management Cloud Service 2020 Implementation Essentials |
| Exam Number: | 1Z0-1059-20 |
| Certificate Validity Period: | Until product version retirement |
| Exam Duration: | 85 minutes |
| Available Languages: | English (US) |
| Related Certifications: | Oracle Cloud ERP Oracle Financials Cloud |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Price: | 150 USD |
| Passing Score: | 64% |
| Real Exam Qty: | 55 |
| Recommended Training: | Oracle Revenue Management Cloud Implementation Training |
| Exam Registration: | Oracle Education Pearson VUE Registration |
| Sample Questions: | Oracle 1Z0-1059-20 Sample Questions |
| Exam Way: | Online proctored or in-person at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle Cloud Financials and revenue recognition processes recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2020-implementation-essentials/pexam_1Z0-1059-20 |
Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standalone Selling Prices | 18% | - Define and configure SSP profiles - Apply allocation methods for transaction pricing - Manage observed, estimated, and fallback SSP methods |
| Topic 2: Revenue Management Overview and Principles | 20% | - Explain core revenue recognition standards (ASC 606, IFRS 15) - Describe Revenue Management Cloud architecture and components |
| Topic 3: Revenue Contracts and Performance Obligations | 22% | - Process contract modifications and contingencies - Identify customer contracts and manage contract rules - Define and manage performance obligations |
| Topic 4: Integration and Reporting | 12% | - Use delivered reports and OTBI analytics - Create custom reporting objects - Explain integration requirements with Oracle Cloud ERP and third-party systems |
| Topic 5: Setup and Configuration | 28% | - Define system and application setup requirements - Set up accounting rules and ledger integration - Configure revenue management options and profile values |
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