Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Instant Download Oracle : 1Z0-1059-26 Questions & Answers as PDF & Test Engine
Updated: Sep 23, 2026
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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities |
| Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation |
| Revenue Contracts and Performance Obligations | - Revenue allocation rules - Identification of performance obligations - Contract creation and management |
| System Configuration and Setup | - Initial setup and configuration options - Enterprise structures and accounting setup |
| Oracle Revenue Management Cloud Service Overview | - Business use cases and industry applications - Core concepts of Revenue Management Cloud Service |
| Revenue Recognition and Accounting Rules | - Revenue recognition models - Adjustments and reallocation scenarios - Standalone selling price allocation |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Why are Source Document Type Codes required when defining Source Document Types?
- A. Because they are needed for integration with Product Management.
- B. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
- C. Because they are Revenue Management Descriptive Flexfields.
- D. Because they provide uniqueness to the Source Document Types.
Correct Answer: A 🗳️
Which is NOT a required piece of information when importing contract header Information from a source file?
- A. Source System
- B. Source Document Type code
- C. Source Document Unique Identifier Number 1
- D. Currency code of source document
- E. Record Type
- F. Date of Source Document
Correct Answer: C 🗳️
A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?
- A. Create the performance obligation for the toaster manually.
- B. Define an adhoc rule in the Revenue Price Profile to include the toaster.
- C. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
- D. Ignore the performance obligation for the toaster because it was free of cost to the customer.
Correct Answer: C 🗳️
Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?
- A. when the product is shipped on 15-Sep-2017
- B. when an invoice is issued on 20-Sep-2017
- C. when the sales order Is booked on 14-Sep-2017
- D. when the consultant is deployed to assist customer on 10-Sep-2017
Correct Answer: D 🗳️
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?
- A. Pricing estimates cannot be used In the absence of pricing data.
- B. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
- C. Expected consideration value is applicable to all industries.
- D. Revenue and performance obligation liabilities are not dependent on billing.
Correct Answer: A,C 🗳️
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