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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: Oct 13, 2026
- Q & A: 85 Questions and Answers
About Oracle Revenue Management Cloud Service 2026 Implementation Professional : 1Z0-1059-26 Exam
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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% | - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components - Set up standalone pricing and pricing dimension structures |
| Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports |
| Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Question #1
Oracle Revenue Management is part of_____________________predefined offering.
- A. Enterprise Contracts
- B. Fusion Accounting Hub
- C. Incentive Compensation
- D. Financials
Correct Answer: D 🗳️
Question #2
What is the correct match sequence of the descriptions A, B and C against the titles?
- A. A, B, C
- B. B, C, A
- C. B, A, C
- D. C, A, B
- E. A, C, B
- F. C, B, A
Correct Answer: C 🗳️
Question #3
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
- A. by calculating Total Transaction Price for contracts
- B. by only creating contracts that are source system specific
- C. by grouping source document lines intro contracts for each identified customer
- D. by restricting users from excluding contract lines
- E. by allowing manual allocation of Total Transaction Price across performance obligations
- F. by identifying and creating one or more performance obligations for a given accounting contract
Correct Answer: B,C,E 🗳️
Question #4
Which three tasks are associated with defining a Pricing Dimension Structure?
- A. Analyze pricing policies across products and services.
- B. Include user friendly prompts for each segment.
- C. Assign required segment labels to each segment.
- D. Create multiple instances for a given Pricing Dimension Structure.
- E. Define up to 20 segments and name them.
- F. Define up to 30 segments and name them.
Correct Answer: A,C,F 🗳️
Question #5
Which three attributes are helpful in defining a Contract Identification Rule?
- A. Product Description
- B. Bill To Customer
- C. Quote Number
- D. Delivery Address
- E. Business Unit
- F. Ledger
Correct Answer: A,C,D 🗳️
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