1Z0-1059-26 Exam Training Practice Tests (Oracle Revenue Management Cloud Service 2026 Implementation Professional)]

Question 1

How can you access an implementation task in Functional Setup Manager. (choose 3)

A. By searching B. By navigation to an offering's functional area C. By navigating from the Implementation Project D. By navigating from the Welcome Springboard

Correct Answer: A,B,C

Question 2

Which three attributes are helpful in defining a Contract Identification Rule?

A. Business Unit B. Quote Number C. Bill To Customer D. Product Description E. Ledger F. Delivery Address

Correct Answer: B,D,F

Question 3

Which statement is NOT applicable to Performance Obligation Templates?

A. Performance Obligation Templates take precedence over Performance Obligation Rules. B. Oracle delivers three predefined Performance Obligation Templates, C. Performance Obligation Templates can be associated to a Revenue Price Profile. D. Performance Obligation Templates are specific to the business and cannot be predefined.

Correct Answer: B

Question 4

Which is NOT a Price Band Type?

A. Amount Band B. Quantity Band C. Percentage Band D. Set Band

Correct Answer: C

Question 5

Which setup Is required to enable integration between Order Management and Revenue Management?

A. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page. B. Define a source document type for the Order Management application and set satisfaction measurement model to quantity. C. Create custom program to extract sales order and fulfillment data from Order Management. D. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations. E. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page. F. Add Order Management in the Manage Trading Community Source Systems page.

Correct Answer: B

Question 6

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.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

A. Enter exchange rate information in Standalone Selling Price Profile. B. Run the Revenue Management translation process. C. Provide currency conversion details in the Revenue Basis Data Import Template. D. Select Conversion Rate Type in the Source Document Type setup. E. Enter Conversion Rate Type in System Options.

Correct Answer: B,E

Question 7

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

A. Contract Asset B. Contract Clearing C. Contract Revenue D. Contract Expense E. Contract Liability F. Contract Price Variance

Correct Answer: D

Question 8

Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

A. when an invoice is issued on 20-Sep-2017 B. when the sales order Is booked on 14-Sep-2017 C. when the consultant is deployed to assist customer on 10-Sep-2017 D. when the product is shipped on 15-Sep-2017

Correct Answer: C

Question 9

65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

A. By defining an item group and assigning that to the rule B. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute C. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute D. By defining a grouping rule on the customer class E. By defining an exclusion rule to exclude customer classes that are "Retail"

Correct Answer: C

Oracle Revenue Management Cloud Service 2026 Implementation Professional - 1Z0-1059-26 Exam Practice Test