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: Aug 21, 2026

Q & A: 85 Questions and Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

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

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?

A) Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
B) Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
C) Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
D) Delete the source data that was imported into Revenue Management and import new source data.
E) Delete Contracts from the Manage Customer Contracts Ul.


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

A) Unearned Revenue
B) your invoiced goods and services less those goods and services that you have not yet delivered
C) 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
D) your debt to customers for goods and services you are obliged to deliver to them by either party acting


3. What is a Standalone Selling Price (SSP)?

A) the list price
B) the price you would use if you sold to a customer separately
C) the sum of the SSPs of the components
D) the average of your bundled price


4. Which two are intended uses for the Standalone Selling Price Report Dashboard?

A) Diagnose revenue price profile.
B) Analyze standalone selling prices for one or multiple effective periods.
C) Monitor transaction price calculation and allocation.
D) Review performance obligations by effective period.
E) Drill down to data used to derive standalone selling prices.


5. Which is NOT a required piece of information when importing contract header Information from a source file?

A) Source System
B) Date of Source Document
C) Currency code of source document
D) Record Type
E) Source Document Unique Identifier Number 1
F) Source Document Type code


Solutions:

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

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