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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Contracts and Performance Obligations | 24% | - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations |
| Topic 2: Revenue Recognition and Accounting Rules | 26% | - Define and manage revenue recognition rules and schedules - Understand and apply ASC 606 / IFRS 15 standards - Manage allocation and measurement of transaction prices - Configure accounting configurations, journal entries, and accounting methods |
| Topic 3: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports |
| Topic 4: Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?
A) Reject line
B) Reverse line
C) Reject contract
D) Preserve contract
E) Void contract
2. Which two are intended uses for the Standalone Selling Price Report Dashboard?
A) Drill down to data used to derive standalone selling prices.
B) Analyze standalone selling prices for one or multiple effective periods.
C) Diagnose revenue price profile.
D) Review performance obligations by effective period.
E) Monitor transaction price calculation and allocation.
3. Which configuration component is Source Document Type NOT connected to?
A) Revenue Management System Options
B) Revenue Price Profile
C) Performance Obligation Template
D) Contract Identification Rules
E) Performance Obligation Identification Rules
4. 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
5. Which setup component Is NOT connected to a Revenue Price Profile?
A) Items
B) Pricing Dimension Segments
C) Contract Identification Rules
D) Source Document Types
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: B,C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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