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Oracle 1Z0-1059-26 : 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: Sep 09, 2026

Q & A: 85 Questions and Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Integration and Reporting- Reporting and analytics
  • 1. Revenue dashboards and reports
    • 2. Period close reporting
      - Integration with Oracle Cloud ERP
      • 1. Subledger accounting integration
        • 2. Source systems data ingestion
          Topic 2: Implementation and Configuration- Pricing and allocation rules
          • 1. Standalone selling price (SSP) configuration
            • 2. Revenue allocation rules setup
              - Setup and functional configuration
              • 1. Revenue management setup tasks
                • 2. Source document and transaction mapping
                  Topic 3: Revenue Management Cloud Service Fundamentals- Revenue standards overview
                  • 1. Performance obligations identification
                    • 2. IFRS 15 / ASC 606 principles
                      - Core concepts of Revenue Management Cloud
                      • 1. Subscription and contract revenue concepts
                        • 2. Revenue lifecycle and recognition principles
                          Topic 4: Revenue Recognition Processing- Revenue recognition events
                          • 1. Revenue scheduling and accounting entries
                            • 2. Revenue adjustments and reallocation
                              - Contract processing
                              • 1. Performance obligation fulfillment
                                • 2. Contract modification handling

                                  Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

                                  Question #1

                                  A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
                                  How should you handle this scenario In Revenue Management?

                                  A. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
                                  B. Create the performance obligation for the toaster manually.
                                  C. Define an adhoc rule in the Revenue Price Profile to include the toaster.
                                  D. Ignore the performance obligation for the toaster because it was free of cost to the customer.


                                  Question #2

                                  Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
                                  Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

                                  A. Performance Obligation Template
                                  B. SSP Type
                                  C. Item Identifier
                                  D. Pricing Dimension
                                  E. Reason
                                  F. Tolerance ranges


                                  Question #3

                                  Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
                                  Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

                                  A. Daily Revenue Rate, All Periods
                                  B. Daily Revenue Rate, Partial Periods
                                  C. Fixed Schedule
                                  D. Partial Schedule
                                  E. Variable Schedule
                                  F. Daily Revenue Rate


                                  Question #4

                                  What is a contract modification?

                                  A. a change (modification) to the contract data
                                  B. a change to the contract caused by negotiation with the customer
                                  C. a revision or correction to the estimate of variable consideration made at inception
                                  D. an increase or decrease in expected collectability


                                  Question #5

                                  A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
                                  What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

                                  A. Populate Conversion Rate Type in System Options.
                                  B. Create revenue prices in the Euro currency.
                                  C. Populate exchange rates in Revenue Price Profile.
                                  D. Create source document types specifically for Euro documents.


                                  Solutions:

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

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