- Exam Code: 1Z0-1059-26
- Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
- Certification Provider: Oracle
- Corresponding Certification:Oracle Cloud
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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation |
| Topic 2: System Configuration and Setup | - Initial setup and configuration options - Enterprise structures and accounting setup |
| Topic 3: Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities |
| Topic 4: Revenue Contracts and Performance Obligations | - Revenue allocation rules - Identification of performance obligations - Contract creation and management |
| Topic 5: Revenue Recognition and Accounting Rules | - Standalone selling price allocation - Revenue recognition models - Adjustments and reallocation scenarios |
| Topic 6: Oracle Revenue Management Cloud Service Overview | - Business use cases and industry applications - Core concepts of Revenue Management Cloud Service |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. 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) Performance Obligation Billed
B) Initial Performance
C) Standalone Selling Prices Allocated
D) Revenue Recognized
E) Performance Obligation Satisfied
2. Which is a term under ASC 606 or IFRS 15?
A) requires complete
B) initial performance event
C) promise detail
D) transaction price
3. Why are Source Document Type Codes required when defining Source Document Types?
A) Because they provide uniqueness to the Source Document Types.
B) Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
C) Because they are needed for integration with Product Management.
D) Because they are Revenue Management Descriptive Flexfields.
4. A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?
A) Create source document types specifically for Euro documents.
B) Create revenue prices in the Euro currency.
C) Populate exchange rates in Revenue Price Profile.
D) Populate Conversion Rate Type in System Options.
5. A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
A) a pricing dimension structure
B) a pricing dimension structure instance
C) pricing bands
D) the source document types
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
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