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Oracle 1Z0-1059 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2019 Implementation Essentials |
| Exam Number: | 1Z0-1059 |
| Real Exam Qty: | 60-75 (approx) |
| Available Languages: | English |
| Exam Duration: | 105 minutes |
| Certificate Validity Period: | Until updated or retired |
| Exam Format: | Multiple Choice |
| Passing Score: | 64% (approx) |
| Exam Price: | USD 245 (approx) |
| Related Certifications: | Oracle Revenue Management Cloud Service 2021 Implementation Essentials (1Z0-1059-21) Oracle Revenue Management Cloud Service 2024 Implementation Professional (1Z0-1059-24) |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Delivered via Pearson VUE or Oracle testing platforms. |
| Pre Condition: | Recommended experience with Oracle ERP and revenue recognition concepts. |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2019-implementation-essentials/pexam_1Z0-1059 |
Oracle 1Z0-1059 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Revenue Management Setup
|
| Topic 2: Integration and Reporting | - Integration with Source Systems
|
| Topic 3: Contract and Revenue Management | - Manage Revenue Contracts
|
| Topic 4: Revenue Management Concepts | - Revenue Recognition Principles
|
| Topic 5: Analysis and Reporting | - Revenue Management Analysis
|
Oracle Revenue Management Cloud 2019 Implementation Essentials: Frequently Asked Questions
The 1Z0-1059 exam leads to the Oracle Fusion Revenue Management Cloud Service certification from Oracle. It is positioned at the Specialist level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Revenue Management Cloud 2019 Implementation Essentials.
Related certifications include:
- Oracle Revenue Management Cloud Service 2021 Implementation Essentials (1Z0-1059-21)
- Oracle Revenue Management Cloud Service 2024 Implementation Professional (1Z0-1059-24)
The 1Z0-1059 exam includes 60-75 (approx) 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 is 64% (approx), and the official exam fee is USD 245 (approx). 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 experience with Oracle ERP and revenue recognition concepts.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
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The current 1Z0-1059 outline is organized into 5 top-level domains. The first listed areas include:
- Contract and Revenue Management
- Integration and Reporting
- Revenue Management Concepts
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Revenue Management Cloud 2019 Implementation Essentials Sample Questions:
Question 1
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
Question 2
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
A. Two Step Allocation Method
B. Alternative Allocation Method
C. Inverted Allocation Method
D. Residual Allocation Method
E. Relative Allocation Method
Question 3
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?
A. Populate Conversion Rate Type in System Options.
B. Create source document types specifically for Euro documents.
C. Populate exchange rates in Revenue Price Profile.
D. Create revenue prices in the Euro currency.
Question 4
A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?
A. By defining a Contact Identification Rule.
B. By defining a Revenue Item Group
C. By defining a Standalone Selling Price Profile.
D. By defining a Performance Obligation Template.
Question 5
Which two are intended uses for the Standalone Selling Price Report Dashboard?
A. Monitor transaction price calculation and allocation.
B. Drill down to data used to derive standalone selling prices.
C. Analyze standalone selling prices for one or multiple effective periods.
D. Review performance obligations by effective period.
E. Diagnose revenue price profile.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: A | Question 4 Answer: B | Question 5 Answer: C,E |
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