Oracle 1Z0-1059-26 : Oracle Revenue Management Cloud Service 2026 Implementation Professional

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions:

1. Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

A) when a pricing dimension structure Instance Is enabled for pricing bands
B) when a source document type is enabled to use pricing bands
C) when a pricing dimension structure is enabled for pricing bands
D) when a value set segment label of Set Band is used

2. Which is NOT a predefined Accounting Class for Revenue Management?

A) Contract Liability
B) Contract Asset
C) Contract Unearned Revenue
D) Contract Discount

3. Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

A) by calculating Total Transaction Price for contracts
B) by grouping source document lines intro contracts for each identified customer
C) by restricting users from excluding contract lines
D) by identifying and creating one or more performance obligations for a given accounting contract
E) by allowing manual allocation of Total Transaction Price across performance obligations
F) by only creating contracts that are source system specific

4. What is the correct match sequence of the descriptions A, B and C against the titles?

A) C, A, B
B) A, B, C
C) C, B, A
D) B, C, A
E) A, C, B
F) B, A, C

5. Which statement is true regarding natural accounts: Contract Liability, Contract Asset, Price Variance, and Contract Discount?

A) If nonexistent, these accounts are added automatically to the chart of accounts.
B) These accounts are optional in Revenue Management.
C) If nonexistent, these accounts need to be added to the chart of accounts.
D) These accounts are not relevant to Revenue Management.

Solutions: