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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1059 |
| Certificate Validity Period: | 18 months |
| Exam Price: | $245 USD |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Related Certifications: | Oracle Financials Cloud Oracle ERP Cloud |
| Passing Score: | 65% |
| Real Exam Qty: | 55 |
| Available Languages: | English |
| Recommended Training: | Oracle Revenue Management Cloud Learning Path Oracle University Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or Pearson VUE test center |
| Pre Condition: | Recommended: Familiarity with Oracle ERP Cloud Financials or related Oracle Cloud Financial applications. |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Pricing configuration basics - Offering and functional setup |
| Topic 2: Integration and Accounting | - Revenue accounting rules - General Ledger integration |
| Topic 3: Contracts and Subscription Management | - Contract creation and lifecycle - Subscription billing models |
| Topic 4: Revenue Management Cloud Overview | - Business processes overview - Architecture and key concepts |
| Topic 5: Revenue Recognition | - Revenue scheduling and allocation - Revenue recognition principles - Performance obligations |
Your customer ships machines, and can recognize revenue for each machine after the machine has been delivered to a customer without waiting for complete satisfaction of an entire performance obligation. How would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for these performance obligations at a point in time?
Correct Answer: C 🗳️
Why Is Satisfaction Method a key element of a Performance Obligation?
Correct Answer: C 🗳️
Which is Not a required piece of information when importing contract header information from a source file?
Correct Answer: A 🗳️
Which is the following is NOT a feature of personalization
Correct Answer: D 🗳️
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)
Correct Answer: B,E 🗳️
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