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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events |
| Topic 2: 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 3: Revenue Reporting and Analytics | 22% | - Build analyses, dashboards, and infolets for revenue data - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports |
| Topic 4: Revenue Management Implementation and Setup | 28% | - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data - Configure Revenue Management application components |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Question #1
Which configuration component is Source Document Type NOT connected to?
A. Revenue Price Profile
B. Performance Obligation Template
C. Contract Identification Rules
D. Performance Obligation Identification Rules
E. Revenue Management System Options
Question #2
What does the creation of an allocation allow you to determine?
A. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
B. an allocation of the expected consideration over the performance obligations as if you had sold them separately
C. the ability not to revise previously reported revenue for revision, corrections, and other changes
D. the fair value of each performance obligation
Question #3
Which setup component Is NOT connected to a Revenue Price Profile?
A. Pricing Dimension Segments
B. Source Document Types
C. Contract Identification Rules
D. Items
Question #4
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?
A. Flat File
B. HTML
C. PDF
D. PowerPoint
Question #5
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. Subset
B. Table
C. Independent
D. Dependent
E. Format Only
Solutions:
| Question #1 Correct Answer: A | Question #2 Correct Answer: D | Question #3 Correct Answer: B | Question #4 Correct Answer: A | Question #5 Correct Answer: E |
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