Free Oracle 1Z0-1059-26 Practice Test & Real Exam Questions

Exam Code/Number: 1Z0-1059-26
Exam Name/Title: Oracle Revenue Management Cloud Service 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud

Exam Questions: 85
Updated On: Aug 15, 2026

Question #1

A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?

A. Define an adhoc rule in the Revenue Price Profile to include the toaster.

B. Ignore the performance obligation for the toaster because it was free of cost to the customer.

C. Create the performance obligation for the toaster manually.

D. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

Discussion 0

Correct Answer: D Vote an answer

Question #2

After analyzing sales documents for your organization, you conclude that it will be appropriate to group transaction lines by customer to create contracts In Revenue Management.
Which predefined Contract Identification Rule can be used in this case?

A. Identify Customer Contract Based on Source Document Line

B. Identify Customer Contract Based on Source Document

C. Identify Customer Contract Based on Party

D. Identify Customer Contract Based on Source System

Discussion 0

Correct Answer: B Vote an answer

Question #3

Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?

A. 10 User Extensible Fields

B. 50 User Extensible Fields

C. 60 User Extensible Fields

D. 90 User Extensible Fields

Discussion 0

Correct Answer: A Vote an answer

Question #4

Which configuration component is Source Document Type NOT connected to?

A. Revenue Price Profile

B. Contract Identification Rules

C. Performance Obligation Template

D. Revenue Management System Options

E. Performance Obligation Identification Rules

Discussion 0

Correct Answer: A Vote an answer

Question #5

Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

A. when a value set segment label of Set Band is used

B. when a pricing dimension structure is enabled for pricing bands

C. when a source document type is enabled to use pricing bands

D. when a pricing dimension structure Instance Is enabled for pricing bands

Discussion 0

Correct Answer: B Vote an answer

Question #6

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. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

B. 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

C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

D. Time-based contingencies must not expire 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

Discussion 0

Correct Answer: A,E Vote an answer

Question #7

Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

A. Reverse line

B. Reject line

C. Preserve contract

D. Void contract

E. Reject contract

Discussion 0

Correct Answer: B,E Vote an answer

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Question #8

What is the correct match sequence of the descriptions A, B and C against the titles?

A. A, B, C

B. C, A, B

C. A, C, B

D. B, A, C

E. C, B, A

F. B, C, A

Discussion 0

Correct Answer: D Vote an answer

Question #9

In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

A. It tracks the difference in a Discount Allocation Account at the contract line level.

B. It tracks the difference In a Discount Allocation Account at the contract level.

C. It Tracks the difference in a Write-Off Allocation Account at the contract line level.

D. It tracks the difference in a Write-off Allocation Account at the contract level.

Discussion 0

Correct Answer: A Vote an answer

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