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Not sure FreeCram is right for your 1Z1-1059 preparation? Download the free Oracle Revenue Management Cloud 2019 Implementation Essentials PDF demo and judge the quality of our 75 practice questions before you spend a cent.

Oracle 1Z1-1059 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2019 Implementation Essentials
Exam Number:1Z0-1059
Exam Price:USD 245
Passing Score:64%
Available Languages:English
Related Certifications:Oracle Fusion Revenue Management Cloud Service
Certificate Validity Period:Valid until retired or updated by Oracle
Exam Duration:105 minutes
Exam Format:Multiple Choice
Real Exam Qty:60
Recommended Training:Oracle Revenue Management Cloud Service Implementation Training
Exam Registration:Oracle University Exam Page
Pearson VUE Registration
Sample Questions:Oracle 1Z1-1059 Sample Questions
Exam Way:Online proctored or in-person at Pearson VUE authorized centers
Pre Condition:No mandatory prerequisites; recommended: experience with Oracle Financials Cloud and understanding of revenue recognition standards ASC 606 / IFRS 15
Official Syllabus URL:https://education.oracle.com/oracle-revenue-management-cloud-service-2019-implementation-essentials/pexam_1Z0-1059

Oracle 1Z1-1059 Exam Syllabus Topics:

SectionWeightObjectives
Revenue Management Overview20%- Integration requirements with other Oracle Cloud applications
- Revenue principles including ASC 606 and IFRS 15
Standalone Selling Prices22%- Define revenue price profiles
- Configure standalone selling price methods
- Manage price lists and exceptions
Revenue Management Reporting and Analysis10%- Create custom reports using OTBI
- Use delivered reports and dashboards
- Analyze revenue accounting entries
Revenue Management Setup and Configuration28%- Configure Revenue Management Cloud Service
- Define system options and parameters
Revenue Contracts and Performance Obligations20%- Manage contract modifications
- Process customer contract source documents
- Identify and allocate transaction price

Oracle 1Z1-1059 Exam: Frequently Asked Questions

The 1Z1-1059 exam is the official exam behind the Oracle Revenue Management Cloud Service 2019 Certified Implementation Specialist credential from Oracle. It sits at the Specialist level of the Oracle certification track. It is also associated with Oracle Fusion Revenue Management Cloud Service. The FreeCram practice questions on this page map to the same objectives, so you can measure your readiness before you book a seat.

The 1Z1-1059 exam contains 60 questions and gives you 105 minutes to complete them. That pace leaves little room for getting stuck, so train yourself to flag a hard question, move on, and circle back later. Run at least one full timed session in the FreeCram test engine a week before your exam date to check whether your pacing holds under pressure.

You need 64% to pass the 1Z1-1059 exam, and the official registration fee is USD 245. A retake means paying that fee again in full, which makes thorough preparation the cheaper option by far. Before scheduling, take a timed FreeCram practice test; if you are not scoring comfortably above the passing line, give yourself more study time instead of booking on hope.

No mandatory prerequisites; recommended: experience with Oracle Financials Cloud and understanding of revenue recognition standards ASC 606 / IFRS 15

Requirements can change, so confirm the latest details on the official Oracle exam page before you register.

You can book the 1Z1-1059 exam through the following official channels:

The exam is delivered Online proctored or in-person at Pearson VUE authorized centers, so pick the option that suits you when booking.

Oracle points candidates to these official courses:

Once you have worked through the official material, wrap up your preparation with the 75 practice questions from FreeCram to lock in what you have learned.

Yes. A free 1Z1-1059 PDF demo is available, so you can check the question style and answer quality before you commit. Every purchase also includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by our 100% Money Back Guarantee. If you take the 1Z1-1059 exam within 60 days of purchase and do not pass, send us a scanned enrollment slip and your official Score Report PDF within two days of the exam; approved refunds are processed within seven days. The candidate name must match the payer name, and the guarantee does not apply to exams taken within three days of purchase, to products that were downloaded but never used in an exam sitting, or to free materials and expired orders. If you would rather keep studying, we can instead exchange your order for two free exam products of equal value while your original product keeps its update service. Delivery itself is instant: your download is emailed within one minute of payment and stays available in your member zone, with no limit on how many computers you can install it on. If nothing arrives within two hours, contact our customer service team.

The 1Z1-1059 syllabus is divided into 5 domains, including Standalone Selling Prices (22%), Revenue Contracts and Performance Obligations (20%), and Revenue Management Reporting and Analysis (10%). The complete breakdown, with every domain and its subtopics, is listed in the Exam Topics section above — review it line by line and flag the areas where you feel weakest.

Oracle Revenue Management Cloud 2019 Implementation Essentials Sample Questions:

Oracle Revenue Management is part of_____________________predefined offering.

  • A. Enterprise Contracts
  • B. Incentive Compensation
  • C. Fusion Accounting Hub
  • D. Financials
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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. The Query Required option
  • B. The shape: Same nunmber of segments and order
  • C. Wether Dynamic Combination Creation Allowed is enabled
  • D. The value sets
  • E. The Displayed option
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Why Is Satisfaction Method a key element of a Performance Obligation?

  • A. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
  • B. because it calculates the amount of Total Transaction Price allocated to date
  • C. because it specifies whether revenue has been fully or partially recognized for a good or service
  • D. because it calculates the percentage of Total Transaction Price allocated to date
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two)

  • A. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
  • B. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized
  • C. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet
  • D. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.
  • E. Time-based contingencies must not expire before the contingency can be removed and revenue recognized
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?

  • A. 3
  • B. 1
  • C. 5
  • D. 0
  • E. 4
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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