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Exam Code: 1Z1-1018
Exam Name: Oracle Revenue Management Cloud Service 2018 Implementation Essentials
Updated: Sep 03, 2026
Q & A: 60 Questions and Answers
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Oracle Revenue Management Cloud Service is a cloud-based solution that helps organizations to manage their revenue and to comply with revenue accounting standards. It is a comprehensive solution that provides real-time visibility into revenue transactions and automates revenue recognition processes. With the Oracle Revenue Management Cloud Service, organizations can improve their revenue management processes, reduce revenue leakage, and ensure compliance with revenue accounting standards.
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To be eligible for the exam, candidates must have a solid understanding of revenue management concepts, including revenue recognition principles, accounting standards, and financial reporting requirements. They should also have experience working with Oracle Revenue Management Cloud Service and be familiar with its features and functionalities. Passing the 1Z1-1018 exam validates a candidate's ability to implement and manage revenue management solutions using Oracle Revenue Management Cloud Service and demonstrates their proficiency in this domain.
Oracle Revenue Management Cloud Service 2018 Implementation Essentials exam, also known as 1Z1-1018, is a certification exam offered by Oracle for professionals who want to demonstrate their expertise in implementing Oracle Revenue Management Cloud Service. 1Z1-1018 exam is designed to test candidates' knowledge and skills in various areas, including configuring and managing revenue management applications, implementing revenue recognition rules, and managing revenue accounting.
| Section | Objectives |
|---|---|
| Explain Revenue Management Integration Requirements | |
| Explain How to Create OTBI Reporting Objects | |
| Revenue Management Overview | |
| Setup Revenue Management and Configure Standalone Pricing | |
| OTBI and Delivered Reports | |
| Manage Contracts and Revenue | |
| Standalone Selling Prices | |
| Revenue Management Setup and Configuration | |
| Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15) | |
| Revenue Contracts |
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