Pass your actual test with our Oracle 1Z0-1059-26 training material at first attempt
Updated: Aug 09, 2026
No. of Questions: 85 Questions & Answers with Testing Engine
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| Certification Vendor: | Oracle |
| Exam Name: | Oracle Revenue Management Cloud Service 2026 Implementation Professional |
| Exam Number: | 1Z0-1059-26 |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Revenue Management Cloud Service Certified Implementation Professional / Specialist (2019 and later versions) |
| Available Languages: | English |
| Passing Score: | 68% |
| Certificate Validity Period: | Until corresponding product version is retired / Subject to Oracle Cloud Recertification Policy |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Choice Questions (MCQs), Simple and scenario-based questions |
| Real Exam Qty: | 50 |
| Recommended Training: | Oracle Revenue Management Cloud Service Implementation Training |
| Exam Registration: | Oracle University Exam Registration Pearson VUE Oracle Exam Scheduling |
| Sample Questions: | Oracle 1Z0-1059-26 Sample Questions |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; Candidates with earlier relevant certifications (2019+) can take free Delta exam |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2026-implementation-professional/pexam_1Z0-1059-26 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Recognition and Accounting Rules | 26% | - Understand and apply ASC 606 / IFRS 15 standards - Configure accounting configurations, journal entries, and accounting methods - Define and manage revenue recognition rules and schedules - Manage allocation and measurement of transaction prices |
| Topic 2: Revenue Reporting and Analytics | 22% | - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data - Generate standard and custom revenue reports - Monitor and reconcile revenue balances and accounting data |
| Topic 3: Revenue Management Implementation and Setup | 28% | - Configure Revenue Management application components - Define system options, parameters, and reference data - Set up standalone pricing and pricing dimension structures - Configure integration with Oracle Financials Cloud and other modules |
| Topic 4: Revenue Contracts and Performance Obligations | 24% | - Create and manage revenue contracts and contract modifications - Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services |
1. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
A) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
B) Time-based contingencies must not expire before the contingency can be removed and revenue recognized
C) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
D) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
E) Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
2. Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?
A) Set the System Options in EBS Receivables on the Revenue Management tab.
B) Apply appropriate patches to EBS.
C) Set the Profile Option AR: Source System Value for Revenue Management.
D) Map the EBS Chart of Accounts to the Cloud General Ledger.
E) Run the Deploy System Options process.
3. How many tabs does the Customer Contract Source Data Import Template have?
A) one tab that stores data for the VRM_SOURCE_DOCUMENTS table
B) three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
C) two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
D) four tabs that store data for the
4. 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) Items
B) Estimated Standalone Selling Prices
C) SSP Tolerance Usage
D) Observed Standalone Selling Prices
E) Pricing Dimension Assignment
5. The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?
A) Sales order line level data.
B) Sub contract level details.
C) Performance obligation satisfaction event details.
D) Sales order header level data.
Solutions:
| Question # 1 Answer: C,E | Question # 2 Answer: D,E | Question # 3 Answer: B | Question # 4 Answer: B,D,E | Question # 5 Answer: C |
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