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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Which, when transferred to a customer, allows you to recognize revenue?

A) an invoice
B) promise detail
C) a shipment
D) a performance obligation

2. A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

A) Enter exchange rate information in Standalone Selling Price Profile.
B) Select Conversion Rate Type in the Source Document Type setup.
C) Enter Conversion Rate Type in System Options.
D) Run the Revenue Management translation process.
E) Provide currency conversion details in the Revenue Basis Data Import Template.

3. What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

A) Revenue and performance obligation liabilities are not dependent on billing.
B) Pricing estimates cannot be used In the absence of pricing data.
C) Expected consideration value is applicable to all industries.
D) Revenue can be recognized for performance obligations only using the "Point in Time" approach.

4. Which setup component Is NOT connected to a Revenue Price Profile?

A) Pricing Dimension Segments
B) Source Document Types
C) Items
D) Contract Identification Rules

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

A) four tabs that store data for the
B) one tab that stores data for the VRM_SOURCE_DOCUMENTS table
C) three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
D) two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

Solutions: