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 #9

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
In addition to the SSP Value (price) and Currency, which two are required?

A. Item Identifier

B. Performance Obligation Template

C. Unit of Measure

D. SSP Type

E. Pricing Dimension

Discussion 0

Correct Answer: A,C Vote an answer

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Question #10

When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?

A. when the Deferred Revenue box is checked

B. when Context Values are populated

C. when it is a business requirement

D. when the Type is Fixed or Variable

Discussion 0

Correct Answer: D Vote an answer

Question #11

Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.
Which three setup attributes are part of a Standalone Selling Price Profile?

A. Items

B. Estimated Standalone Selling Prices

C. SSP Tolerance Usage

D. Observed Standalone Selling Prices

E. Pricing Dimension Assignment

Discussion 0

Correct Answer: B,D,E Vote an answer

Question #12

What is a Performance Obligation?

A. a promise to a customer on which either party has acted

B. a combination of customer type and product code

C. a promise to a customer

D. a product code or SKU

Discussion 0

Correct Answer: C Vote an answer

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Question #13

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?

A. The total Transaction Price is over the user-defined threshold amount.

B. The contract is missing Billing data.

C. The contract is missing satisfaction events.

D. The contract is missing standalone selling prices at the promised detail level or at obligation level.

Discussion 0

Correct Answer: A Vote an answer

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Question #14

Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps are NOT part of the steps to configure EBS for integration with Revenue Management Cloud?

A. Map the EBS Chart of Accounts to the Cloud General Ledger.

B. Set the Profile Option AR: Source System Value for Revenue Management.

C. Apply appropriate patches to EBS.

D. Set the System Options in EBS Receivables on the Revenue Management tab.

E. Run the Deploy System Options process.

Discussion 0

Correct Answer: A,E Vote an answer

Question #15

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.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

A. Create source document types specifically for Euro documents.

B. Populate exchange rates in Revenue Price Profile.

C. Populate Conversion Rate Type in System Options.

D. Create revenue prices in the Euro currency.

Discussion 0

Correct Answer: C Vote an answer

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Question #16

Which two are intended uses for the Standalone Selling Price Report Dashboard?

A. Analyze standalone selling prices for one or multiple effective periods.

B. Diagnose revenue price profile.

C. Monitor transaction price calculation and allocation.

D. Review performance obligations by effective period.

E. Drill down to data used to derive standalone selling prices.

Discussion 0

Correct Answer: A,B Vote an answer

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