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

1Z0-1059-26
  • Exam Code: 1Z0-1059-26
  • Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
  • Updated: Aug 11, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Revenue Recognition and Accounting Rules- Adjustments and reallocation scenarios
- Revenue recognition models
- Standalone selling price allocation
Oracle Revenue Management Cloud Service Overview- Business use cases and industry applications
- Core concepts of Revenue Management Cloud Service
Reporting and Troubleshooting- Error handling and reconciliation
- Standard reporting capabilities
Revenue Contracts and Performance Obligations- Revenue allocation rules
- Contract creation and management
- Identification of performance obligations
System Configuration and Setup- Enterprise structures and accounting setup
- Initial setup and configuration options
Integration and Data Flow- Source data ingestion and transformation
- Integration with Oracle ERP Cloud

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

A) Contract Asset
B) Contract Clearing
C) Contract Revenue
D) Contract Price Variance
E) Contract Liability
F) Contract Expense


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


3. Which three attributes are helpful in defining a Contract Identification Rule?

A) Business Unit
B) Bill To Customer
C) Product Description
D) Delivery Address
E) Quote Number
F) Ledger


4. What is a Standalone Selling Price (SSP)?

A) the sum of the SSPs of the components
B) the list price
C) the price you would use if you sold to a customer separately
D) the average of your bundled price


5. Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

A) Reject contract
B) Reject line
C) Void contract
D) Preserve contract
E) Reverse line


Solutions:

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

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