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  • Exam Code: 1Z0-1059-21
  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
  • Updated: Oct 07, 2026
  • Q & A: 82 Questions and Answers
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  • Exam Code: 1Z0-1059-21
  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
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  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
  • Updated: Oct 07, 2026
  • Q & A: 82 Questions and Answers
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Oracle 1Z0-1059-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Management Configuration- System Setup
  • 1. Source Document Configuration
  • 2. Business Units and Ledgers
  • 3. Revenue Policies
Topic 2: Customer Contracts Processing- Contract Management
  • 1. Contract Review and Validation
  • 2. Contract Identification
  • 3. Contract Modification
Topic 3: Performance Obligations and Pricing- Allocation Processing
  • 1. Standalone Selling Prices
  • 2. Transaction Price Allocation
  • 3. Revenue Scheduling
Topic 4: Reporting and Monitoring- Analysis and Reconciliation
  • 1. Revenue Management Work Area
  • 2. Contract Exception Handling
  • 3. Revenue Reports
Topic 5: Revenue Recognition and Satisfaction Events- Recognition Processing
  • 1. Satisfaction Plans
  • 2. Event-Based Recognition
  • 3. Revenue Recognition Rules
Topic 6: Integration and Data Import- Data Management
  • 1. Source Data Import
  • 2. Integration with Oracle ERP Cloud
  • 3. FBDI Templates
Topic 7: Revenue Management Fundamentals- Revenue Recognition Principles
  • 1. IFRS 15 and ASC 606 Concepts
  • 2. Revenue Contracts
  • 3. Performance Obligations

1Z0-1059-21 Exam Essentials and Our Service System

Currently, the 1Z0-1059-21 exam's passing score is 65% and the registration fee is $245 USD. Both are Oracle's figures and subject to revision — verify them on the official site before you schedule.

Reliability here is built, not claimed. The 1Z0-1059-21 bank is written by a team of IT experts and certified trainers with a wealth of knowledge in the Oracle Revenue Management Cloud Service 2021 Implementation Essentials field, and we constantly keep it updated. The online test engine is the signature service: it fits the atmosphere of the actual test in advance, supports Windows, Mac, Android, and iOS, carries no installation limits, and lets you practice anytime, anywhere — perfectly suited to IT workers. Download the free sample first to learn about the product, and know that after purchase you may request the latest version at any time on top of 365 days of automatic updates.

The Oracle Revenue Management Cloud Service 2021 Implementation Essentials blueprint covers these core domains:

  • Performance Obligations and Pricing
  • Revenue Management Configuration
  • Reporting and Monitoring

Further domains complete the official outline; the bank addresses every one.

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Oracle states the following prerequisites for the Oracle Revenue Management Cloud Service 2021 Implementation Essentials: No mandatory prerequisite exam. Oracle recommends hands-on experience implementing Oracle Revenue Management Cloud Service..

Confirm the details on the official certification page before registering.

According to the latest exam information, the 1Z0-1059-21 exam includes 60 questions and allows 105 minutes minutes. The online engine reproduces those conditions so practice matches the formal test's atmosphere.

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Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:

Question #1

Which statement Is True regarding the Customer Contract Source Data Import Template?

  • A. It is a custom template that you are required to build.
  • B. It is a predefined Java FBDI template.
  • C. It Is a predefined HTML FBDI template.
  • D. It is a predefined Excel FBDI template.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

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.
Which two options are available In Revenue Management to convert transaction amounts to the USD currency?

  • A. Run the Revenue Management translation process.
  • B. Enter Conversion Rate Type in System Options.
  • C. Select Conversion Rate Type in the Source Document Type setup.
  • D. Provide currency conversion details in the Revenue Basis Data Import Template.
  • E. Enter exchange rate information in Standalone Selling Price Profile.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Question #3

Why are Source Document Type Codes required when defining Source Document Types?

  • A. Because they provide uniqueness to the Source Document Types.
  • B. Because they are needed for integration with Product Management.
  • C. Because they are needed for the VRM_SOURCE_DOCUMENTS table to populate extensible attributes.
  • D. Because they are Revenue Management Descriptive Flexfields.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which is a term under ASC 606 or IFRS 15?

  • A. promise detail
  • B. initial performance event
  • C. requires complete
  • D. transaction price
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

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
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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