Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Updated: Sep 29, 2026
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Oracle 1Z0-1059-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Recognition and Accounting Rules | - Adjustments and reallocation scenarios - Revenue recognition models - Standalone selling price allocation |
| Reporting and Troubleshooting | - Standard reporting capabilities - Error handling and reconciliation |
| Revenue Contracts and Performance Obligations | - Identification of performance obligations - Revenue allocation rules - Contract creation and management |
| 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 |
| Integration and Data Flow | - Integration with Oracle ERP Cloud - Source data ingestion and transformation |
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
Which two are intended uses for the Standalone Selling Price Report Dashboard?
- A. Review performance obligations by effective period.
- B. Drill down to data used to derive standalone selling prices.
- C. Monitor transaction price calculation and allocation.
- D. Diagnose revenue price profile.
- E. Analyze standalone selling prices for one or multiple effective periods.
Correct Answer: D,E 🗳️
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
- A. Residual Allocation Method
- B. Two Step Allocation Method
- C. Relative Allocation Method
- D. Alternative Allocation Method
- E. Inverted Allocation Method
Correct Answer: B 🗳️
Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?
- A. These accounts are not relevant to Revenue Management.
- B. These accounts are optional in Revenue Management.
- C. If nonexistent, these accounts are added automatically to the chart of accounts.
- D. If nonexistent, these accounts need to be added to the chart of accounts.
Correct Answer: C 🗳️
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. Sub contract level details.
- B. Performance obligation satisfaction event details.
- C. Sales order header level data.
- D. Sales order line level data.
Correct Answer: B 🗳️
Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.
Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?
- A. Daily Revenue Rate, All Periods
- B. Daily Revenue Rate
- C. Variable Schedule
- D. Partial Schedule
- E. Fixed Schedule
- F. Daily Revenue Rate, Partial Periods
Correct Answer: E 🗳️
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