Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules - Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data |
| Topic 2: Revenue Reporting and Analytics | 22% | - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data |
| Topic 3: Revenue Recognition and Accounting Rules | 26% | - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods |
| Topic 4: Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Identify and define performance obligations and distinct goods/services - Allocate transaction price to performance obligations - Handle contract assets, liabilities, and billing events |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
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 contract is missing satisfaction events.
- B. The contract is missing Billing data.
- C. The total Transaction Price is over the user-defined threshold amount.
- D. The contract is missing standalone selling prices at the promised detail level or at obligation level.
Correct Answer: C 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?
- A. when a pricing dimension structure is enabled for pricing bands
- B. when a value set segment label of Set Band is used
- C. when a source document type is enabled to use pricing bands
- D. when a pricing dimension structure Instance Is enabled for pricing bands
Correct Answer: A 🗳️
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. revenue recognized for each performance obligation
- B. transaction price derived from the source system line import
- C. transaction price distributed to each performance obligation
- D. stand-alone selling price assigned to the promised detail line
Correct Answer: C 🗳️
Which setup Is required to enable integration between Order Management and Revenue Management?
- A. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
- B. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
- C. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
- D. Create custom program to extract sales order and fulfillment data from Order Management.
- E. Add Order Management in the Manage Trading Community Source Systems page.
- F. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
Correct Answer: C 🗳️
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?
- A. These accounts are optional in Revenue Management.
- B. These accounts are not relevant to Revenue Management.
- C. If nonexistent, these accounts are added automatically to the chart of accounts.
- D. If nonexistent, these accounts need to be added to the chart of accounts.
Correct Answer: C 🗳️
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