Oracle 1Z1-1059 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z1-1059
Exam Name/Title: Oracle Revenue Management Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Fusion Revenue Management Cloud Service

Exam Questions: 75
Updated On: Jul 10, 2026

Question #17

Which statement is NOT applicable to Performance Obligation Templates?

A. Performance Obligation Templates take precedence over Performance Obligation Rules.

B. Oracle delivers three predefined Performance Obligation Templates,

C. Performance Obligation Templates are specific to the business and cannot be predefined.

D. Performance Obligation Templates can be associated to a Revenue Price Profile.

Discussion 0

Correct Answer: B Vote an answer

Question #18

Which is the following is NOT a feature of personalization

A. Selecting default language

B. Saving searches

C. Configuring table columns

D. Changing text font

Discussion 0

Correct Answer: D Vote an answer

Question #19

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

A. promise detail

B. a performance obligation

C. an invoice

D. a shipment

Discussion 0

Correct Answer: B Vote an answer

Question #20

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

A. by calculating Total Transaction Price for contracts

B. by allowing manual allocation of Total Transaction Price across performance obligations

C. by restricting users from excluding contract lines

D. by only creating contracts that are source system specific

E. by grouping source document lines intro contracts for each identified customer

F. by identifying and creating one or more performance obligations for a given accounting contract

Discussion 0

Correct Answer: B,D,E Vote an answer

Question #21

One way to upload customer contract data from a source system is through File Based Data Import (FBDI) using a spreadsheet template provided by Revenue Management.
What is the name of this spreadsheet template?

A. Customer Contract Source Documents Import

B. Customer Sales Data Source Documents Import

C. Customer Sales Source Data Import

D. Customer Contract Source Data Import

Discussion 0

Correct Answer: D Vote an answer

Question #22

A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the free toaster is not captured in any upstream application.
How should you handle this scenario In Revenue Management?

A. Ignore the performance obligation for the toaster because it was free of cost to the customer.

B. Create the performance obligation for the toaster manually.

C. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

D. Define an adhoc rule in the Revenue Price Profile to include the toaster.

Discussion 0

Correct Answer: C Vote an answer

Question #23

A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

A. Quantity Band

B. Set Band

C. Amount Band

D. Deal Size Band

Discussion 0

Correct Answer: C Vote an answer

Question #24

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

A. Contract Revenue

B. Contract Price Variance

C. Contract Liability

D. Contract Clearing

E. Contract Expense

F. Contract Asset

Discussion 0

Correct Answer: E Vote an answer

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