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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2024 Implementation Professional |
| Exam Number: | 1Z0-1059-24 |
| Certificate Validity Period: | 18 Months |
| Exam Price: | $245 USD |
| Passing Score: | 68% |
| Real Exam Qty: | 50 |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Revenue Management Cloud Service Implementation Professional Oracle Financials Cloud Certification |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored exam or test center delivery through Oracle Certification Program. |
| Pre Condition: | Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15. |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2026-implementation-professional/pexam_1Z0-1059-26 |
| Section | Objectives |
|---|---|
| Contract Asset and Liability Management | - Contract Accounting
|
| Revenue Management Overview | - Revenue Management Fundamentals
|
| Performance Obligation Management | - Obligation Identification and Allocation
|
| Revenue Recognition Processing | - Revenue Recognition Activities
|
| Integration and Data Management | - Enterprise Integration
|
| Customer Contract Identification | - Source Document Processing
|
| Revenue Management Configuration | - Application Setup
|
| Reporting and Analytics | - Revenue Reporting
|
At which level does Oracle Revenue management perform accounting?
Correct Answer: A 🗳️
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)?
Correct Answer: C 🗳️
Which configuration component is Source Document Type NOT connected to?
Correct Answer: B 🗳️
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?
Correct Answer: B,E 🗳️
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?
Correct Answer: D 🗳️
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