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Oracle Revenue Management Cloud Service 2026 Implementation Professional : 1Z0-1059-26

1Z0-1059-26

Exam Code: 1Z0-1059-26

Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional

Updated: Aug 13, 2026

Q & A: 85 Questions and Answers

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Oracle 1Z0-1059-26 Exam Syllabus Topics:
SectionObjectives
Reporting and Troubleshooting- Standard reporting capabilities
- Error handling and reconciliation
Revenue Recognition and Accounting Rules- Standalone selling price allocation
- Revenue recognition models
- Adjustments and reallocation scenarios
Oracle Revenue Management Cloud Service Overview- Core concepts of Revenue Management Cloud Service
- Business use cases and industry applications
Revenue Contracts and Performance Obligations- Revenue allocation rules
- Contract creation and management
- Identification of performance obligations
System Configuration and Setup- Initial setup and configuration options
- Enterprise structures and accounting setup
Integration and Data Flow- Source data ingestion and transformation
- Integration with Oracle ERP Cloud
Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. What is a contract modification?

A) a change to the contract caused by negotiation with the customer
B) a revision or correction to the estimate of variable consideration made at inception
C) a change (modification) to the contract data
D) an increase or decrease in expected collectability


2. Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A) General Ledger account derivation based on predefined events
B) centralized accounting solution
C) stand-alone selling price derivation
D) revaluation of assets and liabilities
E) General Ledger journal creation
F) multiple accounting representations


3. How many tabs does the Customer Contract Source Data Import Template have?

A) four tabs that store data for the
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) one tab that stores data for the VRM_SOURCE_DOCUMENTS table


4. A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

A) By defining a Standalone Selling Price Profile.
B) By defining a Performance Obligation Template.
C) By defining a Revenue Item Group
D) By defining a Contact Identification Rule.


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


Solutions:

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

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