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

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Exam Code: 1Z0-1059-26

Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional

Updated: Oct 10, 2026

Q & A: 85 Questions and Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

Question #1

You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?

  • A. 4
  • B. 0
  • C. 3
  • D. 1
  • E. 5
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

  • A. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
  • B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
  • C. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
  • D. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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

Question #3

Which statement Is True regarding the Customer Contract Source Data Import Template?

  • A. It is a custom template that you are required to build.
  • B. It Is a predefined HTML FBDI template.
  • C. It is a predefined Excel FBDI template.
  • D. It is a predefined Java FBDI template.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

  • A. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
  • B. Unearned Revenue
  • C. your debt to customers for goods and services you are obliged to deliver to them by either party acting
  • D. your invoiced goods and services less those goods and services that you have not yet delivered
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

What is the correct match sequence of the descriptions A, B and C against the titles?

  • A. C, A, B
  • B. A, B, C
  • C. B, A, C
  • D. A, C, B
  • E. C, B, A
  • F. B, C, A
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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