Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1059-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2021 Implementation Essentials |
| Exam Number: | 1Z0-1059-21 |
| Related Certifications: | Oracle Revenue Management Cloud Service 2021 Certified Implementation Professional |
| Real Exam Qty: | 60 |
| Exam Duration: | 105 minutes |
| Exam Price: | $245 USD |
| Certificate Validity Period: | Oracle Cloud certifications generally remain valid until the associated product version is retired |
| Exam Format: | Multiple Choice, Multiple Response |
| Available Languages: | English |
| Passing Score: | 65% |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Pearson VUE Testing Center or Oracle Online Proctored Exam |
| Pre Condition: | No mandatory prerequisite exam. Oracle recommends hands-on experience implementing Oracle Revenue Management Cloud Service. |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2021-implementation-essentials/pexam_1Z0-1059-21 |
Oracle 1Z0-1059-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Recognition and Satisfaction Events | - Recognition Processing
|
| Revenue Management Configuration | - System Setup
|
| Reporting and Monitoring | - Analysis and Reconciliation
|
| Integration and Data Import | - Data Management
|
| Customer Contracts Processing | - Contract Management
|
| Revenue Management Fundamentals | - Revenue Recognition Principles
|
| Performance Obligations and Pricing | - Allocation Processing
|
Oracle Revenue Management Cloud Service 2021 Implementation Essentials: Frequently Asked Questions
The 1Z0-1059-21 exam leads to the Oracle Cloud certification from Oracle. It is positioned at the Professional level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Revenue Management Cloud Service 2021 Implementation Essentials.
Related certifications include:
- Oracle Revenue Management Cloud Service 2021 Certified Implementation Professional
The 1Z0-1059-21 exam includes 60 questions and allows 105 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 1Z0-1059-21 is 65%, and the official exam fee is $245 USD. 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 mandatory prerequisite exam. Oracle recommends hands-on experience implementing Oracle Revenue Management Cloud Service.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
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The current 1Z0-1059-21 outline is organized into 7 top-level domains. The first listed areas include:
- Revenue Recognition and Satisfaction Events
- Revenue Management Configuration
- Integration and Data Import
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:
Question 1
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 2
Why Is Satisfaction Method a key element of a Performance Obligation?
A. because it calculates the amount of Total Transaction Price allocated to date
B. because it calculates the percentage of Total Transaction Price allocated to date
C. because it specifies whether revenue has been fully or partially recognized for a good or service
D. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
Question 3
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. Item Identifier
B. Reason
C. Pricing Dimension
D. SSP Type
E. Performance Obligation Template
F. Tolerance ranges
Question 4
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 standalone selling prices at the promised detail level or at obligation level.
B. The contract is missing satisfaction events.
C. The contract is missing Billing data.
D. The total Transaction Price is over the user-defined threshold amount.
Question 5
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
A. 90 User Extensible Fields
B. 10 User Extensible Fields
C. 50 User Extensible Fields
D. 60 User Extensible Fields
Solutions:
| Question 1 Answer: A,D,E | Question 2 Answer: D | Question 3 Answer: C,D,F | Question 4 Answer: D | Question 5 Answer: B |
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