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In 2026, a certificate is earned through preparation, and good preparation starts with material you can rely on. ActualTestsIT gives 1Z0-1059-24 candidates exactly that: 85 practice questions for the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam, verified by experts and refreshed as the exam evolves.

Oracle 1Z0-1059-24 Exam Syllabus Topics:

SectionObjectives
Topic 1: Contract Asset and Liability Management- Contract Accounting
  • 1. Contract Liabilities
  • 2. Contract Assets
  • 3. Deferred Revenue Processing
Topic 2: Customer Contract Identification- Source Document Processing
  • 1. Contract Modifications
  • 2. Source Data Integration
  • 3. Customer Contracts
Topic 3: Integration and Data Management- Enterprise Integration
  • 1. Data Validation and Error Handling
  • 2. Source System Data Imports
  • 3. Financials Cloud Integration
Topic 4: Reporting and Analytics- Revenue Reporting
  • 1. Audit and Compliance Reporting
  • 2. Period Close Reporting
  • 3. Revenue Management Dashboards
Topic 5: Revenue Management Overview- Revenue Management Fundamentals
  • 1. Revenue Management Business Process Flow
  • 2. Revenue Recognition Concepts
  • 3. Revenue Contracts and Performance Obligations
Topic 6: Revenue Recognition Processing- Revenue Recognition Activities
  • 1. Satisfaction Events
  • 2. Recognition Schedules
  • 3. Revenue Adjustments
Topic 7: Revenue Management Configuration- Application Setup
  • 1. System Options and Configuration
  • 2. Accounting Setup Integration
  • 3. Revenue Management Policies
Topic 8: Performance Obligation Management- Obligation Identification and Allocation
  • 1. Bundled Product Revenue Allocation
  • 2. Standalone Selling Price Determination
  • 3. Allocation Rules

1Z0-1059-24 Preparation Questions and Answers

This package includes 85 practice questions for the Oracle Revenue Management Cloud Service 2024 Implementation Professional exam. Every answer is verified by an experienced team of experts, so you can trust what you study.

The Oracle Revenue Management Cloud Service 2024 Implementation Professional exam requires a score of 68% to pass, and the official registration fee is $245 USD. Factoring in both before you start helps you plan the full cost of certification.

One purchase covers the full journey: three versions of the material (PDF, PC test engine, and online version), a free demo to try before buying, 365 days of free updates delivered automatically, and customer service you can reach whenever a question comes up. Nothing essential is sold separately.

The Oracle Revenue Management Cloud Service 2024 Implementation Professional practice questions are organized around the official exam objectives. Key topics include:

  • Revenue Recognition Processing ()
  • Revenue Management Configuration ()
  • Revenue Management Overview ()

Keeping your revision mapped to these objectives makes every session productive.

Yes. Candidates who come back for additional certifications receive discounts when they buy further practice packages. If you already hold one of our products, ask our staff about the current returning-customer offer before your next purchase.

The Oracle Revenue Management Cloud Service 2024 Implementation Professional exam is scored on a scale where 68% is required to pass, and the official exam fee is $245 USD.

Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15.

You can confirm the current eligibility requirements on the official 1Z0-1059-24 exam page before you register.

The Oracle Revenue Management Cloud Service 2024 Implementation Professional exam contains 50 questions, and you will have 90 minutes minutes to complete them. Training against the same volume of questions prepares both your knowledge and your pace.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:

Which is a term under ASC 606 or IFRS 15?

  • A. transaction price
  • B. promise detail
  • C. initial performance event
  • D. requires complete
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

  • A. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
  • B. your invoiced goods and services less those goods and services that you have not yet delivered
  • C. Unearned Revenue
  • D. your debt to customers for goods and services you are obliged to deliver to them by either party acting
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

What is a Standalone Selling Price (SSP)?

  • A. the sum of the SSPs of the components
  • B. the average of your bundled price
  • C. the price you would use if you sold to a customer separately
  • D. the list price
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

At which level does Oracle Revenue management perform accounting?

  • A. Performance obligation level
  • B. Contract level
  • C. Legal entity level
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Which setup component Is NOT connected to a Revenue Price Profile?

  • A. Contract Identification Rules
  • B. Items
  • C. Pricing Dimension Segments
  • D. Source Document Types
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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