Exam Name: Oracle Revenue Management Cloud Service 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Revenue Management Cloud
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Oracle 1Z0-1059-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2020 Implementation Essentials |
| Exam Number: | 1Z0-1059-20 |
| Available Languages: | English |
| Related Certifications: | Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist Oracle Revenue Management Cloud Service 2025 Implementation Professional Oracle Revenue Management Cloud Service 2022 Implementation Professional (1Z0-1059-22) |
| Exam Format: | Multiple Choice |
| Exam Price: | USD 245 |
| Certificate Validity Period: | Valid until associated product version retirement (no fixed expiry) |
| Exam Duration: | 85 minutes |
| Passing Score: | 64% |
| Real Exam Qty: | 55 |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam or Pearson VUE test center |
| Pre Condition: | No formal prerequisites; experience with Oracle Cloud ERP and financial processes recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2020-implementation-essentials/pexam_1Z0-1059-20 |
Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Revenue Recognition Operations | - Handling contingencies and performance obligations - Revenue recognition timing and rules |
| Topic 2: Reporting and Analytics | - Analyzing key performance metrics and reports - Using OTBI dashboards for revenue reporting |
| Topic 3: Revenue Management Fundamentals | - Revenue principles and IFRS/ASC 606 concepts - Overview of Oracle Revenue Management Cloud Service |
| Topic 4: Integration and Setup | - System and application setup for Revenue Management - Integration requirements with external systems |
| Topic 5: Revenue Contracts and Pricing | - Pricing dimensions and allocation methods - Managing customer contracts and data import templates |
| Topic 6: Standalone Selling Price | - Configuring standalone selling price profiles - Policies for observed and estimated SSPs |
FAQs for Oracle Revenue Management Cloud Service 2020 Implementation Essentials Candidates
The 1Z0-1059-20 exam leads to the Revenue Management Cloud certification from Oracle. It is positioned at the Implementation Specialist level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Revenue Management Cloud Service 2020 Implementation Essentials.
Related certifications include:
- Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist
- Oracle Revenue Management Cloud Service 2022 Implementation Professional (1Z0-1059-22)
- Oracle Revenue Management Cloud Service 2025 Implementation Professional
The 1Z0-1059-20 exam includes 55 questions and allows 85 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.
The passing score for 1Z0-1059-20 is 64%, and the official exam fee is USD 245. Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.
No formal prerequisites; experience with Oracle Cloud ERP and financial processes recommended
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
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The current 1Z0-1059-20 outline is organized into 6 top-level domains. The first listed areas include:
- Revenue Recognition Operations
- Revenue Contracts and Pricing
- Standalone Selling Price
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Revenue Management Cloud Service 2020 Implementation Essentials Sample Questions:
Question 1
Which statement is NOT applicable to Performance Obligation Templates?
A. Oracle delivers three predefined Performance Obligation Templates,
B. Performance Obligation Templates take precedence over Performance Obligation Rules.
C. Performance Obligation Templates are specific to the business and cannot be predefined.
D. Performance Obligation Templates can be associated to a Revenue Price Profile.
Question 2
Which is the following is NOT a feature of personalization
A. Changing text font
B. Selecting default language
C. Saving searches
D. Configuring table columns
Question 3
What does the creation of an allocation allow you to determine?
A. the fair value of each performance obligation
B. the ability not to revise previously reported revenue for revision, corrections, and other changes
C. an allocation of the expected consideration over the performance obligations as if you had sold them separately
D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
Question 4
Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?
A. Pricing Dimension Assignment
B. Items
C. SSP Tolerance Usage
D. Estimated Standalone Selling Prices
E. Observed Standalone Selling Prices
Question 5
Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?
A. Set the Profile Option AR: Source System Value for Revenue Management.
B. Run the Deploy System Options process.
C. Map the EBS Chart of Accounts to the Cloud General Ledger.
D. Set the System Options in EBS Receivables on the Revenue Management tab.
E. Apply appropriate patches to EBS.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: A | Question 4 Answer: A,D,E | Question 5 Answer: B,C |
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