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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Contracts and Performance Obligations | 24% | - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations |
| Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components - Set up standalone pricing and pricing dimension structures |
| Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards |
| Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Question 1
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?
A. by setting SM to "Requires Complete" and SMM to "Percent"
B. by setting SM to "Allow Partial" and SMM to "Quantity"
C. by setting SM to "Requires Complete" and SMM to "Quantity"
D. by setting SM to "Allow Partial" and SMM to "Period"
E. by setting SM to "Requires Complete" and SMM to "Period"
Question 2
Which three statements about Effective Periods are true?
A. If effective periods are not defined, Revenue Management uses the General Ledger calendar.
B. You cannot have overlapping periods.
C. Gaps between periods are not allowed.
D. Effective Periods are used for standalone selling prices and for creating journal entries.
E. Effective Periods only define the rage where standalone selling prices of an item should be effective.
Question 3
Which three attributes are helpful in defining a Contract Identification Rule?
A. Ledger
B. Quote Number
C. Delivery Address
D. Product Description
E. Bill To Customer
F. Business Unit
Question 4
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?
A. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
B. It tracks the difference in a Write-off Allocation Account at the contract level.
C. It tracks the difference in a Discount Allocation Account at the contract line level.
D. It tracks the difference In a Discount Allocation Account at the contract level.
Question 5
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:
How many performance obligations will be created In Revenue Management?
A. 3
B. 6
C. 5
D. 4
Solutions:
| Question 1 Answer: E | Question 2 Answer: B,C,E | Question 3 Answer: B,C,D | Question 4 Answer: C | Question 5 Answer: A |
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