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Some candidates tag key points on PDF pages; others review on a bus. Three versions of the Oracle Revenue Management Cloud Service 2021 Implementation Essentials material from Actual4dump cover both — 82 practice questions for the 1Z0-1059-21 exam.

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:

SectionObjectives
Revenue Recognition and Satisfaction Events- Recognition Processing
  • 1. Satisfaction Plans
  • 2. Event-Based Recognition
  • 3. Revenue Recognition Rules
Revenue Management Configuration- System Setup
  • 1. Business Units and Ledgers
  • 2. Source Document Configuration
  • 3. Revenue Policies
Reporting and Monitoring- Analysis and Reconciliation
  • 1. Revenue Reports
  • 2. Contract Exception Handling
  • 3. Revenue Management Work Area
Integration and Data Import- Data Management
  • 1. FBDI Templates
  • 2. Source Data Import
  • 3. Integration with Oracle ERP Cloud
Customer Contracts Processing- Contract Management
  • 1. Contract Modification
  • 2. Contract Identification
  • 3. Contract Review and Validation
Revenue Management Fundamentals- Revenue Recognition Principles
  • 1. Revenue Contracts
  • 2. IFRS 15 and ASC 606 Concepts
  • 3. Performance Obligations
Performance Obligations and Pricing- Allocation Processing
  • 1. Transaction Price Allocation
  • 2. Revenue Scheduling
  • 3. Standalone Selling Prices

1Z0-1059-21 Exam FAQ — Easier and Sooner

Yes — download the free Oracle Revenue Management Cloud Service 2021 Implementation Essentials demo and judge the quality yourself before paying; the whole content goes further than the demo, but the demo shows the style. Purchases include 365 days of free updates delivered by email; renew afterward at 50% off.

No mandatory prerequisite exam. Oracle recommends hands-on experience implementing Oracle Revenue Management Cloud Service. Eligibility rules change over time, so verify the current requirements on the official page (official 1Z0-1059-21 exam page) before registering.

The Oracle Revenue Management Cloud Service 2021 Implementation Essentials is Oracle's certification exam for Oracle Cloud, at the Professional level. Related credentials include Oracle Revenue Management Cloud Service 2021 Certified Implementation Professional. Prepare efficiently: short review sessions anywhere, mock exams when you have a desk.

The Oracle Revenue Management Cloud Service 2021 Implementation Essentials blueprint spans 7 domains — including Revenue Recognition and Satisfaction Events, Revenue Management Configuration, Integration and Data Import. Tag key points per domain in the PDF version; the complete outline above lists every subtopic.

105 minutes for 60 questions. Build pacing with the Actual4dump software engine: repeated timed mock exams make the real clock feel easy.

Our system emails the Oracle Revenue Management Cloud Service 2021 Implementation Essentials material automatically right after purchase — about a minute; click the link, sign in, and use the engine immediately, with 24/7 help if nothing arrives within 2 hours. If you unfortunately fail the corresponding 1Z0-1059-21 exam within 60 days of purchase, you're welcome to a full refund: upload your failed result — a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam — and we handle it within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. We also recommend an alternative: exchange for two equal-value products free.

$245 USD per attempt, 65% to pass. Each retake costs the full fee, so prepare thoroughly the first time — the 82 practice questions for the 1Z0-1059-21 exam at Actual4dump closely simulate the real test.

Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:

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
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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
Reveal Solution  Discussion  0

Correct Answer: C,D,F  🗳️

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.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for Actual4dump members. You can sign-up / login (it's free).

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
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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