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Total 24 questions
Exam Code: 1z0-1059-24                Update: Oct 15, 2025
Exam Name: Oracle Revenue Management Cloud Service 2024Implementation Essentials

Oracle Oracle Revenue Management Cloud Service 2024Implementation Essentials 1z0-1059-24 Exam Dumps: Updated Questions & Answers (October 2025)

Question # 1

Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A.

General Ledger account derivation based on predefined events

B.

centralized accounting solution

C.

General Ledger journal creation

D.

multiple accounting representations

E.

revaluation of assets and liabilities

F.

stand-alone selling price derivation

Question # 2

Given the Standalone Selling Price Profile combines all the key setup attributes of pricing Into one place, you create all standalone selling prices from the Standalone Selling Price Profiles for all Items or groups of items.

Which three setup attributes are part of a Standalone Selling Price Profile?

A.

Observed Standalone Selling Prices

B.

Estimated Standalone Selling Prices

C.

Pricing Dimension Assignment

D.

SSP Tolerance Usage

E.

Items

Question # 3

Which setup component Is NOT connected to a Revenue Price Profile?

A.

Contract Identification Rules

B.

Items

C.

Source Document Types

D.

Pricing Dimension Segments

Question # 4

Your organization Is selling a warranty plan to customers that covers appliances for one year. Revenue must be recognized gradually by month until the warranty expires.

Which Revenue Scheduling Rule Type needs to be defined for the Performance Satisfaction Plan?

A.

Fixed Schedule

B.

Variable Schedule

C.

Daily Revenue Rate, All Periods

D.

Daily Revenue Rate, Partial Periods

E.

Partial Schedule

F.

Daily Revenue Rate

Question # 5

Which statement is NOT applicable to Performance Obligation Templates?

A.

Oracle delivers three predefined Performance Obligation Templates,

B.

Performance Obligation Templates are specific to the business and cannot be predefined.

C.

Performance Obligation Templates take precedence over Performance Obligation Rules.

D.

Performance Obligation Templates can be associated to a Revenue Price Profile.

Question # 6

In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

A.

It tracks the difference in a Discount Allocation Account at the contract line level.

B.

It tracks the difference in a Write-off Allocation Account at the contract level.

C.

It tracks the difference In a Discount Allocation Account at the contract level.

D.

It Tracks the difference in a Write-Off Allocation Account at the contract line level.

Question # 7

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.

60 User Extensible Fields

B.

10 User Extensible Fields

C.

90 User Extensible Fields

D.

50 User Extensible Fields

Question # 8

What is a contract modification?

A.

a change to the contract caused by negotiation with the customer

B.

a revision or correction to the estimate of variable consideration made at inception

C.

a change (modification) to the contract data

D.

an increase or decrease in expected collectability

Question # 9

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 calculates the percentage of Total Transaction Price allocated to date

D.

because it specifies whether revenue has been fully or partially recognized for a good or service

Question # 10

You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C. You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.

Which attribute needs to be updated to achieve this objective?

A.

Freeze Period

B.

Default Classification

C.

Source Document Type

D.

Priority

Page: 1 / 3
Total 24 questions

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