Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures |
| Topic 2: Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications |
| Topic 3: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data |
| Topic 4: Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules |
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) stand-alone selling price assigned to the promised detail line
B) transaction price derived from the source system line import
C) transaction price distributed to each performance obligation
D) revenue recognized for each performance obligation
2. When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?
A) when the Satisfaction Measurement Model is set to Amount
B) when the Satisfaction Measurement Model is set to Quantity
C) when the Satisfaction Measurement Model is set to Period
D) when the Satisfaction Measurement Model Is set to Percentage
3. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
A) Time-based contingencies must not expire before the contingency can be removed and revenue recognized
B) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
C) Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
D) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
E) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
4. Why are Source Document Type Codes required when defining Source Document Types?
A) Because they are Revenue Management Descriptive Flexfields.
B) Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
C) Because they provide uniqueness to the Source Document Types.
D) Because they are needed for integration with Product Management.
5. At which level does Oracle Revenue management perform accounting?
A) Legal entity level
B) Contract level
C) Performance obligation level
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: B,C | Question # 4 Answer: D | Question # 5 Answer: C |
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