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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

Question 1

Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

A. Observed Standalone Selling Prices
B. Estimated Standalone Selling Prices
C. SSP Tolerance Usage
D. Pricing Dimension Assignment
E. Items

Question 2

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. Default Classification
B. Source Document Type
C. Freeze Period
D. Priority

Question 3

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

A. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
D. 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.
E. You value the accrual at estimated consideration and it is a monetary debt.

Question 4

The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A. Oracle General Ledger
B. Oracle Receivables
C. Oracle Revenue Management Cloud
D. Oracle Subledger Accounting

Question 5

What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

A. Pricing estimates cannot be used In the absence of pricing data.
B. Revenue can be recognized for performance obligations only using the "Point in Time" approach.
C. Revenue and performance obligation liabilities are not dependent on billing.
D. Expected consideration value is applicable to all industries.

Solutions: