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Instant Download Oracle : 1Z0-1059-26 Questions & Answers as PDF & Test Engine
- Exam Code: 1Z0-1059-26
- Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
- Updated: Jun 18, 2026
- No. of Questions: 85 Questions and Answers
- Download Limit: Unlimited
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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:
1. What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?
A) Using their existing primary ledger.
B) Create a reporting ledger.
C) Create a secondary ledger.
D) Create a new primary ledger.
2. 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) Reason
B) SSP Type
C) Tolerance ranges
D) Pricing Dimension
E) Performance Obligation Template
F) Item Identifier
3. Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
A) 60 User Extensible Fields
B) 50 User Extensible Fields
C) 90 User Extensible Fields
D) 10 User Extensible Fields
4. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)
A) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
B) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
C) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
D) Time-based contingencies must not expire before the contingency can be removed and revenue recognized
E) Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration
5. How many tabs does the Customer Contract Source Data Import Template have?
A) four tabs that store data for the
B) three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
C) one tab that stores data for the VRM_SOURCE_DOCUMENTS table
D) two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,C,D | Question # 3 Answer: D | Question # 4 Answer: A,E | Question # 5 Answer: B |
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