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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Recognition and Accounting Rules | 26% | - Configure accounting configurations, journal entries, and accounting methods - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards |
| Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data |
| Revenue Management Implementation and Setup | 28% | - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components - Define system options, parameters, and reference data |
| 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 |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
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 level.
- B. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
- C. It tracks the difference In a Discount Allocation Account at the contract level.
- D. It tracks the difference in a Discount Allocation Account at the contract line level.
Correct Answer: D 🗳️
Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
- A. Contract Expense
- B. Contract Revenue
- C. Contract Liability
- D. Contract Asset
- E. Contract Clearing
- F. Contract Price Variance
Correct Answer: A 🗳️
You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:
How many contracts will be created In Revenue Management?
- A. 0
- B. 1
- C. 5
- D. 3
- E. 4
Correct Answer: D 🗳️
At which level does Oracle Revenue management perform accounting?
- A. Contract level
- B. Performance obligation level
- C. Legal entity level
Correct Answer: B 🗳️
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
- A. PDF
- B. PowerPoint
- C. Flat File
- D. HTML
Correct Answer: C 🗳️
