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Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
Topic 2	Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
Topic 3	Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.
Topic 4	Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.
Topic 5	Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.

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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions (Q18-Q23):

NEW QUESTION # 18
Oracle Revenue Management is part of_____________________predefined offering.

A. Enterprise Contracts
B. Fusion Accounting Hub
C. Incentive Compensation
D. Financials

Answer: D

NEW QUESTION # 19
When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

A. when the Satisfaction Measurement Model is set to Quantity
B. when the Satisfaction Measurement Model is set to Period
C. when the Satisfaction Measurement Model Is set to Percentage
D. when the Satisfaction Measurement Model is set to Amount

Answer: B

NEW QUESTION # 20
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

A. whether Dynamic Combination Creation Allowed is enabled
B. the shape: Same number of segments and order
C. the value sets
D. the Displayed option
E. the Query Required option

Answer: A,B

NEW QUESTION # 21
How can you access an implementation task in Functional Setup Manager. (choose 3)

A. By navigation to an offering's functional area
B. By searching
C. By navigating from the Implementation Project
D. By navigating from the Welcome Springboard

Answer: A,B,C

NEW QUESTION # 22
What are two major changes when comparing the new revenue recognition guidance under ASC 606 and IFRS 15 versus the old standard?

A. Pricing estimates cannot be used In the absence of pricing data.
B. Expected consideration value is applicable to all industries.
C. Revenue and performance obligation liabilities are not dependent on billing.
D. Revenue can be recognized for performance obligations only using the "Point in Time" approach.

Answer: A,B

NEW QUESTION # 23
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