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Oracle 1Z0-1059-24 Exam Syllabus Topics:

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

The Oracle Revenue Management Cloud Service 2024 Implementation Professional Exam: What to Know First

Currency is maintained daily, not occasionally. Our IT staff reviews and updates the Oracle Revenue Management Cloud Service 2024 Implementation Professional question bank every day to keep it aligned with the live 1Z0-1059-24 exam. If a revision is underway when you buy or during your update period, we notify you and send the updated version as soon as it is ready — free within your 365 days of updates. You will never be left studying a stale edition without knowing it.

The 1Z0-1059-24 exam is the official assessment behind the Oracle Revenue Management Cloud Service 2024 Implementation Professional certification from Oracle, and its pass rate is genuinely low — many candidates need two or three attempts to get through. The difficulty is real, but it is also manageable: candidates who prepare with material aligned to the published objectives give themselves a far better starting position than those who walk in underprepared.

The official outline divides the 1Z0-1059-24 exam into weighted domains, including:

  • Performance Obligation Management ()
  • Customer Contract Identification ()
  • Revenue Management Overview ()

The Oracle Revenue Management Cloud Service 2024 Implementation Professional question bank at NewPassLeader is updated daily against these same objectives, and the free practice test lets you sample that alignment yourself.

Only while you want us to. Update notifications about the Oracle Revenue Management Cloud Service 2024 Implementation Professional materials are sent because they are useful; once you have passed the 1Z0-1059-24 exam, one email to our team opts you out completely — no junk mail, ever. Your personal information is kept secret and safe throughout, and never shared with third parties.

Passing the 1Z0-1059-24 exam requires 68%, and registration costs $245 USD — per attempt. With retakes so common on this exam, preparing properly for one focused attempt is the choice that protects your budget.

The 1Z0-1059-24 exam contains 50 questions with 90 minutes minutes to complete them. Practicing under the same time limit is the reliable way to make exam-day pacing feel familiar rather than frantic.

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

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:

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

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

Correct Answer: B  🗳️

Which two settings are related to the "Invalid Line Handling" Revenue Management System Option?

  • A. Reject line
  • B. Void contract
  • C. Reverse line
  • D. Preserve contract
  • E. Reject contract
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

  • A. Performance Obligation Billed
  • B. Performance Obligation Satisfied
  • C. Initial Performance
  • D. Revenue Recognized
  • E. Standalone Selling Prices Allocated
Reveal Solution  Discussion  0

Correct Answer: B,C,D  🗳️

What is a Performance Obligation?

  • A. a combination of customer type and product code
  • B. a product code or SKU
  • C. a promise to a customer
  • D. a promise to a customer on which either party has acted
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).

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

  • A. Monitor transaction price calculation and allocation.
  • B. Diagnose revenue price profile.
  • C. Review performance obligations by effective period.
  • D. Drill down to data used to derive standalone selling prices.
  • E. Analyze standalone selling prices for one or multiple effective periods.
Reveal Solution  Discussion  0

Correct Answer: B,E  🗳️

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