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Oracle 1Z1-1059 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1059 |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle ERP Cloud Oracle Financials Cloud |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 55 |
| Passing Score: | 65% |
| Exam Duration: | 90 minutes |
| Recommended Training: | Oracle University Training Oracle Revenue Management Cloud Learning Path |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or Pearson VUE test center |
| Pre Condition: | Recommended: Familiarity with Oracle ERP Cloud Financials or related Oracle Cloud Financial applications. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1059 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Integration and Accounting | - General Ledger integration - Revenue accounting rules |
| Topic 2: Revenue Recognition | - Performance obligations - Revenue scheduling and allocation - Revenue recognition principles |
| Topic 3: Setup and Configuration | - Pricing configuration basics - Offering and functional setup |
| Topic 4: Contracts and Subscription Management | - Contract creation and lifecycle - Subscription billing models |
| Topic 5: Revenue Management Cloud Overview | - Business processes overview - Architecture and key concepts |
FAQs for Oracle Revenue Management Cloud 2019 Implementation Essentials Candidates
The 1Z1-1059 exam leads to the Oracle Revenue Management Cloud Service 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 2019 Implementation Essentials.
Related certifications include:
- Oracle Financials Cloud
- Oracle ERP Cloud
The 1Z1-1059 exam includes 55 questions and allows 90 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 1Z1-1059 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.
Recommended: Familiarity with Oracle ERP Cloud Financials or related Oracle Cloud Financial applications.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
You can register through the official channels listed below:
The available exam delivery method is Online proctored or Pearson VUE test center.
The official training options include:
After reviewing the recommended training, reinforce what you learned with Actual4dump's 75 practice questions for 1Z1-1059.
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The current 1Z1-1059 outline is organized into 5 top-level domains. The first listed areas include:
- Revenue Recognition
- Integration and Accounting
- Revenue Management Cloud Overview
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Revenue Management Cloud 2019 Implementation Essentials Sample Questions:
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 Instance Is enabled for pricing bands
- B. when a source document type is enabled to use pricing bands
- C. when a value set segment label of Set Band is used
- D. when a pricing dimension structure is enabled for pricing bands
Correct Answer: D 🗳️
What does a Variable Consideration require?
- A. an estimate of the consideration be made at inception only
- B. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
- C. that the consideration be monetary
- D. a disclosure be made to the shareholders
Correct Answer: A 🗳️
Explanation: Only visible for Actual4dump members. You can sign-up / login (it's free).
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule
C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?
- A. Priority
- B. Source Document Type
- C. Default Classification
- D. Freeze Period
Correct Answer: A 🗳️
A pricing dimension segment value combination is one of the factors to determine standalone selling prices.
This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?
- A. a pricing dimension structure
- B. pricing bands
- C. a pricing dimension structure instance
- D. the source document types
Correct Answer: B 🗳️
Which is a term under ASC 606 or IFRS 15?
- A. requires complete
- B. transaction price
- C. promise detail
- D. initial performance event
Correct Answer: B 🗳️
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