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Oracle Revenue Management Cloud Service 2024 Implementation Professional : 1Z0-1059-24
- Exam Code: 1Z0-1059-24
- Exam Name: Oracle Revenue Management Cloud Service 2024 Implementation Professional
- Updated: Oct 09, 2026 Q & A: 85 Questions and Answers
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Oracle 1Z0-1059-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2024 Implementation Professional |
| Exam Number: | 1Z0-1059-24 |
| Related Certifications: | Oracle Revenue Management Cloud Service Implementation Professional Oracle Financials Cloud Certification |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | 18 Months |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 50 |
| Exam Price: | $245 USD |
| Passing Score: | 68% |
| Sample Questions: |  |
| Exam Way: | Online proctored exam or test center delivery through Oracle Certification Program. |
| Pre Condition: | Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15. |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2026-implementation-professional/pexam_1Z0-1059-26 |
Oracle 1Z0-1059-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analytics | - Revenue Reporting
|
| Topic 2: Revenue Management Configuration | - Application Setup
|
| Topic 3: Revenue Recognition Processing | - Revenue Recognition Activities
|
| Topic 4: Integration and Data Management | - Enterprise Integration
|
| Topic 5: Performance Obligation Management | - Obligation Identification and Allocation
|
| Topic 6: Revenue Management Overview | - Revenue Management Fundamentals
|
| Topic 7: Customer Contract Identification | - Source Document Processing
|
| Topic 8: Contract Asset and Liability Management | - Contract Accounting
|
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The official Oracle Revenue Management Cloud Service 2024 Implementation Professional outline distributes weight like this:
- Integration and Data Management ()
- Performance Obligation Management ()
- Revenue Management Overview ()
You need 68% to pass, and the registration fee is $245 USD. Time is precious, and so is that fee — earlier preparation with verified PracticeTorrent material protects both.
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About 50 questions in 90 minutes minutes. Rehearsing at that exact pace with 85 practice questions for the 1Z0-1059-24 exam makes the real session familiar rather than frightening.
Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15.
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Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:
Question #1
A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?
- A. Populate exchange rates in Revenue Price Profile.
- B. Populate Conversion Rate Type in System Options.
- C. Create revenue prices in the Euro currency.
- D. Create source document types specifically for Euro documents.
Correct Answer: B 🗳️
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Question #2
Which two are choices for the Satisfaction Method when defining a Performance Obligation Identification Rule?
- A. require complete
- B. require partial
- C. allow complete
- D. allow partial
Correct Answer: A,D 🗳️
Explanation: Only visible for PracticeTorrent members. You can sign-up / login (it's free).
Question #3
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 shape: Same number of segments and order
- B. the value sets
- C. the Query Required option
- D. the Displayed option
- E. whether Dynamic Combination Creation Allowed is enabled
Correct Answer: A,E 🗳️
Question #4
The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?
- A. Sales order line level data.
- B. Sales order header level data.
- C. Performance obligation satisfaction event details.
- D. Sub contract level details.
Correct Answer: C 🗳️
Question #5
Given It Is critical to capture common link values In one or more attributes on the source document lines in order to build effective Performance Obligation Identification Rules, how many User Extensible Fields does Revenue Management provide to facilitate the capture of this data?
- A. 50 User Extensible Fields
- B. 10 User Extensible Fields
- C. 90 User Extensible Fields
- D. 60 User Extensible Fields
Correct Answer: B 🗳️
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