Oracle 1Z0-1059-26 : Oracle Revenue Management Cloud Service 2026 Implementation Professional

  • Exam Code: 1Z0-1059-26
  • Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
  • Updated: Nov 07, 2026
  • Q & A: 85 Questions and Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Recognition Processing- Contract processing
  • 1. Contract modification handling
    • 2. Performance obligation fulfillment
      - Revenue recognition events
      • 1. Revenue adjustments and reallocation
        • 2. Revenue scheduling and accounting entries
          Topic 2: Integration and Reporting- Integration with Oracle Cloud ERP
          • 1. Source systems data ingestion
            • 2. Subledger accounting integration
              - Reporting and analytics
              • 1. Period close reporting
                • 2. Revenue dashboards and reports
                  Topic 3: Implementation and Configuration- Pricing and allocation rules
                  • 1. Revenue allocation rules setup
                    • 2. Standalone selling price (SSP) configuration
                      - Setup and functional configuration
                      • 1. Revenue management setup tasks
                        • 2. Source document and transaction mapping
                          Topic 4: Revenue Management Cloud Service Fundamentals- Revenue standards overview
                          • 1. Performance obligations identification
                            • 2. IFRS 15 / ASC 606 principles
                              - Core concepts of Revenue Management Cloud
                              • 1. Subscription and contract revenue concepts
                                • 2. Revenue lifecycle and recognition principles

                                  Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

                                  Question #1

                                  Which is a term under ASC 606 or IFRS 15?

                                  • A. requires complete
                                  • B. promise detail
                                  • C. initial performance event
                                  • D. transaction price
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  πŸ—³οΈ

                                  Question #2

                                  Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

                                  • A. when a pricing dimension structure is enabled for pricing bands
                                  • B. when a source document type is enabled to use pricing bands
                                  • C. when a pricing dimension structure Instance Is enabled for pricing bands
                                  • D. when a value set segment label of Set Band is used
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  πŸ—³οΈ

                                  Question #3

                                  What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

                                  • A. Create a reporting ledger.
                                  • B. Create a secondary ledger.
                                  • C. Using their existing primary ledger.
                                  • D. Create a new primary ledger.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  πŸ—³οΈ

                                  Question #4

                                  The contract Promised Details tabs includes Selling Amount, Allocated Amount, Revenue Recognized, and Bill.......

                                  What is the difference between Selling Amount and Allocated Amount?

                                  • A. The Selling Amount is calculated based on the source document sales lines amounts and is used to tie back to your source document upload. The Allocated Amount is based on Standalone Selling Price and is ultimately used for the Revenue Recognition amount.
                                  • B. The Selling Amount is calculated based on Standalone Selling Prices and is used for the Revenue Recognition amount. The Allocated Amount is based on the source document sales lines amounts and is ultimately used to tie back to your source document upload.
                                  • C. The Selling Amount is calculated based on Standalone Selling Prices and is used to tie back to your SSP upload or calculation. The Allocated Amount is based on the Billed amount and is ultimately used for the Revenue Recognition amount.
                                  • D. The Selling Amount is calculated based on the source document sales lines amount and is used for the Revenue Recognition amount. The Allocated Amount is based on the Billed Amount and Is used to tie back to your Billing source document upload.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  πŸ—³οΈ

                                  Question #5

                                  Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

                                  • A. Dashboards
                                  • B. Analysis
                                  • C. Infotile
                                  • D. Infolets
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B  πŸ—³οΈ

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