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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation |
| Oracle Revenue Management Cloud Service Overview | - Business use cases and industry applications - Core concepts of Revenue Management Cloud Service |
| Revenue Recognition and Accounting Rules | - Standalone selling price allocation - Adjustments and reallocation scenarios - Revenue recognition models |
| Reporting and Troubleshooting | - Standard reporting capabilities - Error handling and reconciliation |
| System Configuration and Setup | - Enterprise structures and accounting setup - Initial setup and configuration options |
| Revenue Contracts and Performance Obligations | - Revenue allocation rules - Identification of performance obligations - Contract creation and management |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?
A) when the product is shipped on 15-Sep-2017
B) when the consultant is deployed to assist customer on 10-Sep-2017
C) when an invoice is issued on 20-Sep-2017
D) when the sales order Is booked on 14-Sep-2017
2. In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?
A) Review the calculated OSSP.
B) Run the Calculate Observed Standalone Selling Prices program.
C) Close the previous period.
D) Approve the OSSP by establishing it.
E) Run Create Accounting.
F) Categorize standalone sales by performance obligation.
3. Which is a term under ASC 606 or IFRS 15?
A) transaction price
B) requires complete
C) promise detail
D) initial performance event
4. What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?
A) Using their existing primary ledger.
B) Create a new primary ledger.
C) Create a secondary ledger.
D) Create a reporting ledger.
5. After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?
A) Wether Dynamic Combination Creation Allowed is enabled
B) The value sets
C) The Query Required option
D) The Displayed option
E) The shape: Same nunmber of segments and order
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,F | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B,E |
