Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1059-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Standalone Selling Price (SSP) | - SSP derivation methods - Revenue price profiles |
| Revenue Contracts Processing | - Performance obligations and satisfaction rules - Contract import and source document processing - Allocation of transaction price |
| Setup and Configuration | - Performance obligation identification rules - Contract identification rules - Revenue Management system options |
| Revenue Management Overview | - Revenue recognition principles (ASC 606 / IFRS 15) - Revenue Management architecture and integration |
| Accounting and Reporting | - Subledger Accounting integration - Revenue recognition and journal creation - Reporting and reconciliation |
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The Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam requires 64%-65% to pass, and registration costs USD 245. A failed attempt means paying the same fee again — a readiness check with the PremiumVCEDump engines before booking is the cheaper option.
The 1Z0-1059-21 exam is a Oracle certification exam validating the Oracle Revenue Management Cloud Service 2021 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Financials Cloud, Oracle ERP Cloud. Candidates in 2026 start with PremiumVCEDump's 82 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
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The official Oracle Revenue Management Cloud Service 2021 Implementation Essentials outline defines 5 domains. The leading three are Accounting and Reporting, Revenue Management Overview, and Setup and Configuration. The full list is in the topics section above, and PremiumVCEDump's 82 practice questions cover each one.
Recommended experience with Oracle Financials Cloud and revenue recognition concepts (ASC 606 / IFRS 15). Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam contains 55-60 to complete within 90 minutes. Timed simulation in the PremiumVCEDump Desktop Test Engine teaches that rhythm before exam day does.
Oracle recommends these training resources for the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam:
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Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:
How can you access an implementation task in Functional Setup Manager. (choose 3)
- A. By navigating from the Implementation Project
- B. By searching
- C. By navigation to an offering's functional area
- D. By navigating from the Welcome Springboard
Correct Answer: A,B,C 🗳️
Which setup Is required to enable integration between Order Management and Revenue Management?
- A. Assign Extraction Start Date for source document type DOO Sales Order in the Manage System Options for Revenue Management page.
- B. Define an Implied performance obligation template to create performance obligations associated to sales orders and return material authorizations.
- C. Create custom program to extract sales order and fulfillment data from Order Management.
- D. Define a source document type for the Order Management application and set satisfaction measurement model to quantity.
- E. Add Order Management in the Manage Trading Community Source Systems page.
- F. Configure settings In the Order Management section of the Manage Integrations for Revenue Management page.
Correct Answer: D 🗳️
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:
How many performance obligations will be created In Revenue Management?
- A. 3
- B. 4
- C. 5
- D. 6
Correct Answer: A 🗳️
Which is the following is NOT a feature of personalization
- A. Configuring table columns
- B. Selecting default language
- C. Saving searches
- D. Changing text font
Correct Answer: D 🗳️
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 Write-off Allocation Account at the contract level.
- B. It tracks the difference in a Discount Allocation Account at the contract line level.
- C. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
- D. It tracks the difference In a Discount Allocation Account at the contract level.
Correct Answer: B 🗳️
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