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Oracle 1Z0-1059-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Using Revenue Management Reporting | 20% | - Use and customize OTBI reports and analytics - Interpret standard delivered reports and dashboards |
| Revenue Management Overview | 20% | - Describe integration with other Oracle Financials Cloud modules - Explain revenue recognition principles including ASC 606 and IFRS 15 |
| Managing Revenue Contracts | 20% | - Load and validate contract data using FBDI templates - Process and maintain customer contracts and performance obligations - Analyze accounting entries and contract modifications |
| Configuring and Managing Standalone Selling Prices | 20% | - Manage pricing models and compliance requirements - Define and maintain standalone selling price hierarchies |
| Configuring Revenue Management | 20% | - Define accounting rules and setups - Set up system parameters and application options |
Oracle 1Z0-1059-24 Exam: Capable Answers
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The Oracle Revenue Management Cloud Service 2024 Implementation Professional is Oracle's certification exam for Oracle Revenue Management Cloud Service 2024 Certified Implementation Professional, at the Professional level. Capability comes first; certification displays it. Related credentials include Oracle Financials Cloud Implementation Professional.
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The Oracle Revenue Management Cloud Service 2024 Implementation Professional blueprint spans 5 domains — including Configuring Revenue Management (20%), Revenue Management Overview (20%), Configuring and Managing Standalone Selling Prices (20%). Aim effort at the heavy domains first; the complete outline above lists every subtopic.
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After any course, acquire the essential content with the 85 practice questions for the Oracle Revenue Management Cloud Service 2024 Implementation Professional — every answer expert-verified.
No mandatory prerequisites; recommended experience in implementing Oracle ERP and Financials Cloud solutions Eligibility rules change over time, so verify the current requirements on the official page (official 1Z0-1059-24 exam page) before registering.
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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:
Which statement Is True regarding the Customer Contract Source Data Import Template?
- A. It Is a predefined HTML FBDI template.
- B. It is a predefined Java FBDI template.
- C. It is a predefined Excel FBDI template.
- D. It is a custom template that you are required to build.
Correct Answer: C 🗳️
Which three attributes are helpful in defining a Contract Identification Rule?
- A. Business Unit
- B. Product Description
- C. Bill To Customer
- D. Quote Number
- E. Ledger
- F. Delivery Address
Correct Answer: B,D,F 🗳️
What does the creation of an allocation allow you to determine?
- A. an allocation of the expected consideration over the performance obligations as if you had sold them separately
- B. the fair value of each performance obligation
- C. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
- D. the ability not to revise previously reported revenue for revision, corrections, and other changes
Correct Answer: B 🗳️
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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. Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.
- B. Ignore the performance obligation for the toaster because it was free of cost to the customer.
- C. Create the performance obligation for the toaster manually.
- D. Define an adhoc rule in the Revenue Price Profile to include the toaster.
Correct Answer: A 🗳️
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?
- A. Analysis
- B. Dashboards
- C. Infotile
- D. Infolets
Correct Answer: A,B 🗳️
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