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Exam Code: 1Z0-1059-26
Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
Updated: Aug 19, 2026
Q & A: 85 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Troubleshooting | - Standard reporting capabilities - Error handling and reconciliation |
| Topic 2: System Configuration and Setup | - Enterprise structures and accounting setup - Initial setup and configuration options |
| Topic 3: Integration and Data Flow | - Source data ingestion and transformation - Integration with Oracle ERP Cloud |
| Topic 4: Revenue Recognition and Accounting Rules | - Standalone selling price allocation - Adjustments and reallocation scenarios - Revenue recognition models |
| Topic 5: Oracle Revenue Management Cloud Service Overview | - Core concepts of Revenue Management Cloud Service - Business use cases and industry applications |
| Topic 6: Revenue Contracts and Performance Obligations | - Revenue allocation rules - Identification of performance obligations - Contract creation and management |
1. 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 Write-off Allocation Account at the contract level.
B) It tracks the difference in a Discount Allocation Account at the contract line level.
C) It tracks the difference In a Discount Allocation Account at the contract level.
D) It Tracks the difference in a Write-Off Allocation Account at the contract line level.
2. What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?
A) Create a secondary ledger.
B) Using their existing primary ledger.
C) Create a reporting ledger.
D) Create a new primary ledger.
3. Which is NOT a predefined Accounting Class for Revenue Management?
A) Contract Unearned Revenue
B) Contract Liability
C) Contract Asset
D) Contract Discount
4. After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?
A) whether Dynamic Combination Creation Allowed is enabled
B) the value sets
C) the Query Required option
D) the shape: Same number of segments and order
E) the Displayed option
5. Which statement Is True regarding the Customer Contract Source Data Import Template?
A) It Is a predefined HTML FBDI template.
B) It is a predefined Excel FBDI template.
C) It is a custom template that you are required to build.
D) It is a predefined Java FBDI template.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A,D | Question # 5 Answer: B |
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