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

  • Exam Code: 1Z0-1059-26
  • Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
  • Updated: Aug 09, 2026
  • Q&As: 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 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 Management Implementation and Setup28%- Configure integration with Oracle Financials Cloud and other modules
- Configure Revenue Management application components
- Define system options, parameters, and reference data
- Set up standalone pricing and pricing dimension structures
Revenue Reporting and Analytics22%- Monitor and reconcile revenue balances and accounting data
- Build analyses, dashboards, and infolets for revenue data
- Generate standard and custom revenue reports
- Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Which is Not a required piece of information when importing contract header information from a source file?

A) Date of source Document
B) Record Type
C) Source Document Unique Identifier Number 1
D) Currency code of source document
E) Source Document Type code
F) Source System


2. Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?

A) allow complete
B) require complete
C) allow partial
D) require partial


3. 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) Approve the OSSP by establishing it.
B) Review the calculated OSSP.
C) Categorize standalone sales by performance obligation.
D) Run Create Accounting.
E) Close the previous period.
F) Run the Calculate Observed Standalone Selling Prices program.


4. Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?

A) transaction price distributed to each performance obligation
B) revenue recognized for each performance obligation
C) transaction price derived from the source system line import
D) stand-alone selling price assigned to the promised detail line


5. The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A) The total Transaction Price is over the user-defined threshold amount.
B) The contract is missing Billing data.
C) The contract is missing standalone selling prices at the promised detail level or at obligation level.
D) The contract is missing satisfaction events.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B,C
Question # 3
Answer: C,F
Question # 4
Answer: A
Question # 5
Answer: A

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