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Oracle 1Z0-1059-26 exam : Oracle Revenue Management Cloud Service 2026 Implementation Professional

1Z0-1059-26 Exam Questions
  • Exam Code: 1Z0-1059-26
  • Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
  • Updated: Aug 07, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1Z0-1059-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Revenue Management Cloud Service Overview- Core concepts of Revenue Management Cloud Service
- Business use cases and industry applications
Topic 2: Integration and Data Flow- Integration with Oracle ERP Cloud
- Source data ingestion and transformation
Topic 3: Revenue Contracts and Performance Obligations- Contract creation and management
- Identification of performance obligations
- Revenue allocation rules
Topic 4: Revenue Recognition and Accounting Rules- Standalone selling price allocation
- Revenue recognition models
- Adjustments and reallocation scenarios
Topic 5: System Configuration and Setup- Enterprise structures and accounting setup
- Initial setup and configuration options
Topic 6: Reporting and Troubleshooting- Standard reporting capabilities
- Error handling and reconciliation

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A) You value the accrual at estimated consideration and it is a monetary debt.
B) You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
C) You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
D) You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
E) Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.


2. 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 is enabled for pricing bands
B) when a pricing dimension structure Instance Is enabled for pricing bands
C) when a source document type is enabled to use pricing bands
D) when a value set segment label of Set Band is used


3. What does the creation of an allocation allow you to determine?

A) the ability not to revise previously reported revenue for revision, corrections, and other changes
B) an allocation of the expected consideration over the performance obligations as if you had sold them separately
C) the fair value of each performance obligation
D) the maximum amount of revenue you can recognize soonest, postponing the minimum until later


4. Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

A) You can choose which Transaction Sources in Fusion Receivables integrate to Revenue
B) Revenue Management can only integrate to Fusion Receivables.
C) You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.
D) You can define date filters in order to consider only relevant data needed to comply with the


5. How can you access an implementation task in Functional Setup Manager. (choose 3)

A) By navigating from the Implementation Project
B) By navigation to an offering's functional area
C) By navigating from the Welcome Springboard
D) By searching


Solutions:

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

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