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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Integration and Reporting- Reporting and analytics
  • 1. Period close reporting
    • 2. Revenue dashboards and reports
      - Integration with Oracle Cloud ERP
      • 1. Subledger accounting integration
        • 2. Source systems data ingestion
          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
                  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
                          Revenue Management Cloud Service Fundamentals- Core concepts of Revenue Management Cloud
                          • 1. Subscription and contract revenue concepts
                            • 2. Revenue lifecycle and recognition principles
                              - Revenue standards overview
                              • 1. Performance obligations identification
                                • 2. IFRS 15 / ASC 606 principles

                                  Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

                                  1. If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?

                                  A) Delete Contracts from the Manage Customer Contracts Ul.
                                  B) Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
                                  C) Delete the source data that was imported into Revenue Management and import new source data.
                                  D) Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
                                  E) Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.


                                  2. Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

                                  A) If nonexistent, these accounts are added automatically to the chart of accounts.
                                  B) These accounts are optional in Revenue Management.
                                  C) If nonexistent, these accounts need to be added to the chart of accounts.
                                  D) These accounts are not relevant to Revenue Management.


                                  3. The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
                                  What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?

                                  A) Performance obligation satisfaction event details.
                                  B) Sales order header level data.
                                  C) Sales order line level data.
                                  D) Sub contract level details.


                                  4. Which configuration component is Source Document Type NOT connected to?

                                  A) Revenue Management System Options
                                  B) Performance Obligation Identification Rules
                                  C) Performance Obligation Template
                                  D) Contract Identification Rules
                                  E) Revenue Price Profile


                                  5. Which, when transferred to a customer, allows you to recognize revenue?

                                  A) an invoice
                                  B) a performance obligation
                                  C) promise detail
                                  D) a shipment


                                  Solutions:

                                  Question # 1
                                  Answer: D
                                  Question # 2
                                  Answer: A
                                  Question # 3
                                  Answer: A
                                  Question # 4
                                  Answer: E
                                  Question # 5
                                  Answer: B

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