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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Recognition and Accounting Rules | 26% | - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules |
| Topic 2: Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events |
| Topic 3: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data - Monitor and reconcile revenue balances and accounting data |
| Topic 4: 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 |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?
- A. Daily Revenue Rate, Partial Periods
- B. Daily Revenue Rate
- C. Fixed Schedule
- D. Daily Revenue Rate, All Periods
- E. Variable Schedule
- F. Partial Schedule
Correct Answer: C 🗳️
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:
Which Price Band Segment Label would be appropriate to use in this case?
- A. Amount Band
- B. Deal Size Band
- C. Set Band
- D. Quantity Band
Correct Answer: A 🗳️
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
- A. Inverted Allocation Method
- B. Relative Allocation Method
- C. Alternative Allocation Method
- D. Two Step Allocation Method
- E. Residual Allocation Method
Correct Answer: D 🗳️
Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?
- A. Customers
- B. Business Units
- C. Banks, branches and bank accounts
- D. Receivables configurations
- E. Inventory items
- F. Suppliers
Correct Answer: A,B,E 🗳️
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. creates customer contracts and performance obligations
- B. allocates the SSP to various performance obligations
- C. recognizes revenue if any satisfaction events exist
- D. allocates the SSP to various satisfaction events
- E. creates the accounting for the stages in the process
Correct Answer: E 🗳️
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