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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Contracts and Performance Obligations | 24% | - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services - Handle contract assets, liabilities, and billing events - Create and manage revenue contracts and contract modifications |
| Revenue Recognition and Accounting Rules | 26% | - Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices - Define and manage revenue recognition rules and schedules - Understand and apply ASC 606 / IFRS 15 standards |
| Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Monitor and reconcile revenue balances and accounting data - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports |
| Revenue Management Implementation and Setup | 28% | - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. What is a Performance Obligation?
A) a promise to a customer
B) a combination of customer type and product code
C) a product code or SKU
D) a promise to a customer on which either party has acted
2. How can you access an implementation task in Functional Setup Manager. (choose 3)
A) By navigating from the Welcome Springboard
B) By navigation to an offering's functional area
C) By navigating from the Implementation Project
D) By searching
3. Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?
A) Infolets
B) Analysis
C) Infotile
D) Dashboards
4. Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?
A) your invoiced goods and services less those goods and services that you have not yet delivered
B) your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
C) your debt to customers for goods and services you are obliged to deliver to them by either party acting
D) Unearned Revenue
5. At which level does Oracle Revenue management perform accounting?
A) Performance obligation level
B) Contract level
C) Legal entity level
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,C,D | Question # 3 Answer: B,D | Question # 4 Answer: C | Question # 5 Answer: A |
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