Oracle 1Z0-1059-26 Actual Free Exam Questions & Community Discussion

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: Jun 26, 2026

Question #19

Which is NOT a required piece of information when importing contract header Information from a source file?

A. Source Document Unique Identifier Number 1

B. Record Type

C. Date of Source Document

D. Source System

E. Source Document Type code

F. Currency code of source document

Discussion 0

Correct Answer: A Vote an answer

Question #20

A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

A. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.

B. Run the Calculate Observed Standalone Selling Prices program to derive prices.

C. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.

D. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.

E. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.

F. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.

Discussion 0

Correct Answer: B,C Vote an answer

Question #21

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

A. Pricing estimates cannot be used In the absence of pricing data.

B. Expected consideration value is applicable to all industries.

C. Revenue and performance obligation liabilities are not dependent on billing.

D. Revenue can be recognized for performance obligations only using the "Point in Time" approach.

Discussion 0

Correct Answer: A,B Vote an answer

Question #22

Which two are incorrect statements about the Oracle Fusion Receivables Transaction Sources section in the Manage Revenue Management System Options page?

A. You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

B. You can define date filters in order to consider only relevant data needed to comply with the

C. Revenue Management can only integrate to Fusion Receivables.

D. You can choose which Transaction Sources in Fusion Receivables integrate to Revenue

Discussion 0

Correct Answer: B,C Vote an answer

Question #23

Which is Not a required piece of information when importing contract header information from a source file?

A. Source Document Unique Identifier Number 1

B. Record Type

C. Source System

D. Date of source Document

E. Source Document Type code

F. Currency code of source document

Discussion 0

Correct Answer: A Vote an answer

Question #24

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
Besides Unit SSP Price, Currency and Unit of Measure, which three additional attributes are required when loading prices for items, memo lines and/or Item groups?

A. Item Identifier

B. Tolerance ranges

C. Performance Obligation Template

D. Reason

E. SSP Type

F. Pricing Dimension

Discussion 0

Correct Answer: B,E,F Vote an answer

Question #25

A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?

A. Subset

B. Dependent

C. Format Only

D. Table

E. Independent

Discussion 0

Correct Answer: C Vote an answer

Question #26

At which level does Oracle Revenue management perform accounting?

A. Legal entity level

B. Contract level

C. Performance obligation level

Discussion 0

Correct Answer: C Vote an answer

Question #27

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

A. Initial Performance

B. Revenue Recognized

C. Performance Obligation Billed

D. Performance Obligation Satisfied

E. Standalone Selling Prices Allocated

Discussion 0

Correct Answer: A,B,D Vote an answer

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