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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

                                  Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

                                  1. Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

                                  A) transaction price derived from the source system line import
                                  B) stand-alone selling price assigned to the promised detail line
                                  C) transaction price distributed to each performance obligation
                                  D) revenue recognized for each performance obligation


                                  2. Which statement Is True regarding the Customer Contract Source Data Import Template?

                                  A) It is a custom template that you are required to build.
                                  B) It is a predefined Java FBDI template.
                                  C) It Is a predefined HTML FBDI template.
                                  D) It is a predefined Excel FBDI template.


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


                                  4. Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

                                  A) Receivables configurations
                                  B) Business Units
                                  C) Suppliers
                                  D) Inventory items
                                  E) Customers
                                  F) Banks, branches and bank accounts


                                  5. A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
                                  Which reporting tool must be used to address this business requirement?

                                  A) Reporting Studio
                                  B) Oracle Transactional Business Intelligence
                                  C) Smart View
                                  D) Business Intelligence Publisher


                                  Solutions:

                                  Question # 1
                                  Answer: C
                                  Question # 2
                                  Answer: D
                                  Question # 3
                                  Answer: C,D
                                  Question # 4
                                  Answer: B,D,E
                                  Question # 5
                                  Answer: D

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