Oracle Revenue Management Cloud Service 2026 Implementation Professional : 1Z0-1059-26

  • Exam Code: 1Z0-1059-26
  • Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
  • Updated: Sep 13, 2026     Q & A: 85 Questions and Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionWeightObjectives
Revenue Contracts and Performance Obligations24%- 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 Setup28%- 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 Rules26%- 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 Analytics22%- 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:

Question #1

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.
Reveal Solution  Discussion  0

Correct Answer: A,C,D  🗳️

Question #2

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.
Reveal Solution  Discussion  0

Correct Answer: B,E  🗳️

Question #3

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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

Which is NOT a Price Band Type?

  • A. Percentage Band
  • B. Set Band
  • C. Quantity Band
  • D. Amount Band
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

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
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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