Exam Code: 1Z0-1059-26
Exam Name: Oracle Revenue Management Cloud Service 2026 Implementation Professional
Updated: Jun 17, 2026
Q & A: 85 Questions and Answers
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1. You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:
How many contracts will be created In Revenue Management?
A) 3
B) 4
C) 5
D) 0
E) 1
2. Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?
A) Contract Clearing
B) Contract Asset
C) Contract Liability
D) Contract Revenue
E) Contract Expense
F) Contract Price Variance
3. The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, and Pending Revenue Recognition.
What would cause a contract to be In the Pending Review tab?
A) The total Transaction Price is over the user-defined threshold amount.
B) The contract is missing satisfaction events.
C) The contract is missing Billing data.
D) The contract is missing standalone selling prices at the promised detail level or at obligation level.
4. What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?
A) Create a secondary ledger.
B) Using their existing primary ledger.
C) Create a new primary ledger.
D) Create a reporting ledger.
5. Which is Not a required piece of information when importing contract header information from a source file?
A) Source System
B) Source Document Unique Identifier Number 1
C) Source Document Type code
D) Currency code of source document
E) Record Type
F) Date of source Document
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: E | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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