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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Integration and Data Flow | - Source data ingestion and transformation - Integration with Oracle ERP Cloud |
| Topic 2: Reporting and Troubleshooting | - Error handling and reconciliation - Standard reporting capabilities |
| Topic 3: System Configuration and Setup | - Initial setup and configuration options - Enterprise structures and accounting setup |
| Topic 4: Revenue Contracts and Performance Obligations | - Identification of performance obligations - Contract creation and management - Revenue allocation rules |
| Topic 5: Revenue Recognition and Accounting Rules | - Revenue recognition models - Adjustments and reallocation scenarios - Standalone selling price allocation |
| Topic 6: Oracle Revenue Management Cloud Service Overview | - Business use cases and industry applications - Core concepts of Revenue Management Cloud Service |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Revenue tracks several amounts associated to a customer contract, for example, selling amount, allocated amount, and billed amount. What is allocated amount?
- A. stand-alone selling price assigned to the promised detail line
- B. transaction price distributed to each performance obligation
- C. transaction price derived from the source system line import
- D. revenue recognized for each performance obligation
Correct Answer: B 🗳️
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 value set segment label of Set Band is used
- C. when a pricing dimension structure Instance Is enabled for pricing bands
- D. when a source document type is enabled to use pricing bands
Correct Answer: A 🗳️
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 maximum amount of revenue you can recognize soonest, postponing the minimum until later
- D. the fair value of each performance obligation
Correct Answer: D 🗳️
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What is a Standalone Selling Price (SSP)?
- A. the sum of the SSPs of the components
- B. the average of your bundled price
- C. the price you would use if you sold to a customer separately
- D. the list price
Correct Answer: C 🗳️
Which three tasks can be performed In the Revenue Management Work Area?
- A. Manage contracts in "Pending Allocation" status.
- B. Review Revenue Price Profiles.
- C. Review Observed Standalone Selling Prices.
- D. Manage contracts in "Pending Review" status.
- E. Review Performance Satisfaction Plans.
- F. Edit Contract Identification Rules.
Correct Answer: A,C,D 🗳️
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