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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. How many tabs does the Customer Contract Source Data Import Template have?

A) four tabs that store data for the
B) one tab that stores data for the VRM_SOURCE_DOCUMENTS table
C) three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
D) two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

2. The predefined Revenue Contract Account Activities Report provides data extracted from which two sources?

A) Oracle Revenue Management Cloud
B) Oracle Subledger Accounting
C) Oracle General Ledger
D) Oracle Receivables

3. A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

A) pricing bands
B) a pricing dimension structure
C) a pricing dimension structure instance
D) the source document types

4. What is a contract modification?

A) a change to the contract caused by negotiation with the customer
B) a change (modification) to the contract data
C) an increase or decrease in expected collectability
D) a revision or correction to the estimate of variable consideration made at inception

5. Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

A) You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
B) You value the accrual at estimated consideration and it is a monetary debt.
C) You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
D) Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
E) You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.

Solutions: