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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services - Allocate transaction price to performance obligations |
| Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures |
| Revenue Recognition and Accounting Rules | 26% | - Configure accounting configurations, journal entries, and accounting methods - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices |
| Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Which three tasks can be performed In the Revenue Management Work Area?
- A. Manage contracts in "Pending Allocation" status.
- B. Review Revenue Price Profiles.
- C. Review Observed Standalone Selling Prices.
- D. Manage contracts in "Pending Review" status.
- E. Review Performance Satisfaction Plans.
- F. Edit Contract Identification Rules.
Correct Answer: A,C,D 🗳️
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?
- A. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
- B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
- C. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
- D. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
- E. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
- F. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
Correct Answer: B,E 🗳️
Which configuration component is Source Document Type NOT connected to?
- A. Performance Obligation Identification Rules
- B. Revenue Management System Options
- C. Contract Identification Rules
- D. Revenue Price Profile
- E. Performance Obligation Template
Correct Answer: D 🗳️
Which is NOT a Price Band Type?
- A. Percentage Band
- B. Set Band
- C. Quantity Band
- D. Amount Band
Correct Answer: A 🗳️
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. stand-alone selling price assigned to the promised detail line
- B. transaction price distributed to each performance obligation
- C. transaction price derived from the source system line import
- D. revenue recognized for each performance obligation
Correct Answer: B 🗳️

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