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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Revenue Management Cloud Service Overview- Core concepts of Revenue Management Cloud Service
- Business use cases and industry applications
Topic 2: System Configuration and Setup- Enterprise structures and accounting setup
- Initial setup and configuration options
Topic 3: Integration and Data Flow- Source data ingestion and transformation
- Integration with Oracle ERP Cloud
Topic 4: Revenue Recognition and Accounting Rules- Standalone selling price allocation
- Revenue recognition models
- Adjustments and reallocation scenarios
Topic 5: Reporting and Troubleshooting- Error handling and reconciliation
- Standard reporting capabilities
Topic 6: Revenue Contracts and Performance Obligations- Contract creation and management
- Revenue allocation rules
- Identification of performance obligations

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

A) SSP Tolerance Usage
B) Items
C) Pricing Dimension Assignment
D) Estimated Standalone Selling Prices
E) Observed Standalone Selling Prices


2. Which setup component Is NOT connected to a Revenue Price Profile?

A) Items
B) Contract Identification Rules
C) Pricing Dimension Segments
D) Source Document Types


3. 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 "Quantity"
B) by setting SM to "Allow Partial" and SMM to "Quantity"
C) by setting SM to "Allow Partial" and SMM to "Period"
D) by setting SM to "Requires Complete" and SMM to "Period"
E) by setting SM to "Requires Complete" and SMM to "Percent"


4. Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A) You value the accrual at estimated consideration and it is a monetary debt.
B) Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
C) You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
D) You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
E) You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.


5. Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A) Standalone Selling Prices Allocated
B) Initial Performance
C) Performance Obligation Billed
D) Revenue Recognized
E) Performance Obligation Satisfied


Solutions:

Question # 1
Answer: C,D,E
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: C
Question # 5
Answer: B,D,E

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