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Oracle 1Z0-1059-24 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2024 Implementation Professional
Exam Number:1Z0-1059-24
Exam Duration:90 minutes
Available Languages:English
Passing Score:68%
Real Exam Qty:50
Exam Format:Multiple Choice
Certificate Validity Period:18 Months
Exam Price:$245 USD
Related Certifications:Oracle Revenue Management Cloud Service Implementation Professional
Oracle Financials Cloud Certification
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored exam or test center delivery through Oracle Certification Program.
Pre Condition:Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15.
Official Syllabus URL:https://education.oracle.com/oracle-revenue-management-cloud-service-2026-implementation-professional/pexam_1Z0-1059-26

Oracle 1Z0-1059-24 Exam Syllabus Topics:

SectionObjectives
Revenue Recognition Processing- Revenue Recognition Activities
  • 1. Satisfaction Events
  • 2. Recognition Schedules
  • 3. Revenue Adjustments
Performance Obligation Management- Obligation Identification and Allocation
  • 1. Bundled Product Revenue Allocation
  • 2. Standalone Selling Price Determination
  • 3. Allocation Rules
Customer Contract Identification- Source Document Processing
  • 1. Source Data Integration
  • 2. Customer Contracts
  • 3. Contract Modifications
Reporting and Analytics- Revenue Reporting
  • 1. Audit and Compliance Reporting
  • 2. Revenue Management Dashboards
  • 3. Period Close Reporting
Contract Asset and Liability Management- Contract Accounting
  • 1. Deferred Revenue Processing
  • 2. Contract Liabilities
  • 3. Contract Assets
Integration and Data Management- Enterprise Integration
  • 1. Data Validation and Error Handling
  • 2. Financials Cloud Integration
  • 3. Source System Data Imports
Revenue Management Overview- Revenue Management Fundamentals
  • 1. Revenue Management Business Process Flow
  • 2. Revenue Recognition Concepts
  • 3. Revenue Contracts and Performance Obligations
Revenue Management Configuration- Application Setup
  • 1. System Options and Configuration
  • 2. Revenue Management Policies
  • 3. Accounting Setup Integration

FAQ About the Oracle Revenue Management Cloud Service 2024 Implementation Professional Exam

Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15. Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.

Oracle recommends these training resources for the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam:

    Follow the training with steady self-testing — the 85 practice questions from Lead2PassExam make that routine easy to maintain.

    Lead2PassExam issues a full refund if you take the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.

    The official Oracle Revenue Management Cloud Service 2024 Implementation Professional outline defines 8 domains. The leading three are Integration and Data Management, Revenue Management Overview, and Revenue Recognition Processing. The full list is in the topics section above, and Lead2PassExam's 85 practice questions cover each one.

    The 1Z0-1059-24 exam is a Oracle certification exam validating the Oracle Revenue Management Cloud Service 2024 Implementation Professional syllabus shown above. It belongs to these credential paths: Oracle Financials Cloud Certification, Oracle Revenue Management Cloud Service Implementation Professional. Candidates of different ages and backgrounds take it to advance their careers in 2026, and Lead2PassExam prepares all of them with 85 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.

    Three versions of the 85 practice questions for the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam, each with its own strengths: a printable, expert-prepared PDF with instant download and free demo; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. Choose whichever suits your taste — all are included, along with 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.

    The Oracle Revenue Management Cloud Service 2024 Implementation Professional exam requires 68% to pass, and registration costs $245 USD. Retaking costs the same fee again, so a readiness check with the Lead2PassExam engines is a sensible investment before booking.

    The Oracle Revenue Management Cloud Service 2024 Implementation Professional exam contains 50 to complete within 90 minutes. Timed practice in the Lead2PassExam Desktop Test Engine prepares you for exactly that rhythm.

    Online proctored exam or test center delivery through Oracle Certification Program. Register for the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam through these official channels:

      Once booked, your Lead2PassExam practice questions reach your inbox within 1 minute — the countdown to exam day can start at once.

      Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:

      You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C.
      You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
      Which attribute needs to be updated to achieve this objective?

      • A. Freeze Period
      • B. Default Classification
      • C. Priority
      • D. Source Document Type
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

      A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
      Which validation type must be selected when defining this Value Set?

      • A. Table
      • B. Subset
      • C. Independent
      • D. Dependent
      • E. Format Only
      Reveal Solution  Discussion  0

      Correct Answer: E  🗳️

      What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

      • A. Revenue and performance obligation liabilities are not dependent on billing.
      • B. Expected consideration value is applicable to all industries.
      • C. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
      • D. Pricing estimates cannot be used In the absence of pricing data.
      Reveal Solution  Discussion  0

      Correct Answer: B,D  🗳️

      At which level does Oracle Revenue management perform accounting?

      • A. Performance obligation level
      • B. Contract level
      • C. Legal entity level
      Reveal Solution  Discussion  0

      Correct Answer: A  🗳️

      Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

      • A. multiple accounting representations
      • B. centralized accounting solution
      • C. stand-alone selling price derivation
      • D. revaluation of assets and liabilities
      • E. General Ledger journal creation
      • F. General Ledger account derivation based on predefined events
      Reveal Solution  Discussion  0

      Correct Answer: A,D,E  🗳️

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