Demand for Oracle-certified professionals keeps outpacing supply, and the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam is the doorway in. Actual4Exams stocks 82 practice questions built specifically for 1Z0-1059-21, so your preparation targets the credential employers are actually paying for.
Oracle 1Z0-1059-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2021 Implementation Essentials |
| Exam Number: | 1Z0-1059-21 |
| Exam Price: | USD 245 |
| Passing Score: | 64% |
| Certificate Validity Period: | 18 months from earn date; retired May 31, 2022 |
| Real Exam Qty: | 55-60 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Exam Duration: | 90 minutes |
| Recommended Training: | Oracle Revenue Management Cloud Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle University Exam Page |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2021-implementation-essentials/pexam_1Z0-1059-21 |
Oracle 1Z0-1059-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Standalone Selling Price Configuration | - Define and manage standalone selling prices - Configure price profiles and derivation rules - Monitor and adjust pricing data |
| Revenue Management Overview | - Describe user interface and navigation - Explain revenue principles (ASC 606, IFRS 15) |
| Integration and Accounting | - Load data using FBDI templates - Describe integration with Oracle Cloud ERP - Analyze subledger accounting entries |
| Reporting and Analytics | - Use predefined reports and dashboards - Create OTBI reporting objects |
| Revenue Contracts and Processing | - Identify contracts and performance obligations - Manage contract modifications - Allocate transaction price - Process customer contract source documents |
| Revenue Management Setups | - Configure system options and profile options - Set up accounting rules and ledgers - Define contract identification rules |
1Z0-1059-21 Exam Questions Answered: Oracle Candidates' FAQ
Oracle Revenue Management Cloud Service 2021 Implementation Essentials is an official exam run by Oracle under exam code 1Z0-1059-21. Passing it awards the Oracle Revenue Management Cloud Service 2021 Certified Implementation Specialist certification, which sits at the Specialist tier. Certified professionals remain in shorter supply than the market wants, which is precisely why this exam keeps showing up in conversations about better roles and better pay.
The Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam gives you 90 minutes to work through 55-60 questions. That is a tight ratio, and it punishes candidates who get emotionally attached to any single item. The fix is mechanical: answer what you know, flag what you do not, and keep moving. A few full-length timed runs in the Actual4Exams test engine, with its randomized question order, will calibrate your pace far better than untimed reading ever could.
The official fee for Oracle Revenue Management Cloud Service 2021 Implementation Essentials is USD 245, and 64% is what passing takes. The uncomfortable part: retakes cost the full USD 245 again, which makes preparation the cheapest line item in this whole project. Before booking, put yourself through repeated scored sessions with the Actual4Exams practice tests and compare results over time; a stable margin above the passing line, not a single lucky run, is when you are ready.
No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud
Vendor rules do get revised, so treat this as your starting point and confirm the current eligibility details before booking via the official exam page.
Oracle Revenue Management Cloud Service 2021 Implementation Essentials registration runs through these official channels.
Worth noting when you schedule: the exam is delivered Online proctored or onsite at Pearson VUE test centers.
Yes, Oracle points Oracle Revenue Management Cloud Service 2021 Implementation Essentials candidates toward the following training.
Whatever course you choose, close the loop with question practice: the 82 items in the Actual4Exams 1Z0-1059-21 package convert course knowledge into exam-day scoring ability.
It is. Actual4Exams publishes a free PDF demo of the Oracle Revenue Management Cloud Service 2021 Implementation Essentials material, so the product can prove itself before you pay. Your purchase then comes with 365 days of free updates, and once that period ends, extending the update service costs 50% of the regular price. The test engine software itself is verified malware-free and safe to install.
Actual4Exams stands behind the product with a 100% money-back guarantee under defined conditions. If you take the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam within 60 days of purchase and fail, you qualify for a full refund, provided the exam corresponds to your product. Sitting the exam within 3 days of purchase does not qualify, and neither do unused downloads, free materials, or expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are resolved within 7 days. You may also choose an exchange instead of a refund: two other exam products of equal value, free, with the update service on your original purchase retained.
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Oracle Revenue Management Cloud Service 2021 Implementation Essentials breaks down into 6 official domains, led by Reporting and Analytics, Integration and Accounting, and Revenue Management Overview. You will find the full topic-by-topic outline above on this page; use the weightings to budget your study hours where they pay back the most.
Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:
Which statement Is True regarding the Customer Contract Source Data Import Template?
- A. It Is a predefined HTML FBDI template.
- B. It is a predefined Excel FBDI template.
- C. It is a predefined Java FBDI template.
- D. It is a custom template that you are required to build.
Correct Answer: B 🗳️
If the Contract Identification Rules that you defined for your customer did not group the source data into customer as expected, how would you resolve the issue?
- A. Delete the source data that was imported into Revenue Management and import new source data.
- B. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run The Identify Customer Contracts program again.
- C. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts Ul.
- D. Delete Contracts from the Manage Customer Contracts Ul.
- E. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
Correct Answer: B 🗳️
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. SSP Tolerance Usage
- B. Estimated Standalone Selling Prices
- C. Items
- D. Observed Standalone Selling Prices
- E. Pricing Dimension Assignment
Correct Answer: B,D,E 🗳️
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 line 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 level.
- D. It tracks the difference In a Discount Allocation Account at the contract level.
Correct Answer: B 🗳️
Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?
- A. by restricting users from excluding contract lines
- B. by allowing manual allocation of Total Transaction Price across performance obligations
- C. by identifying and creating one or more performance obligations for a given accounting contract
- D. by calculating Total Transaction Price for contracts
- E. by only creating contracts that are source system specific
- F. by grouping source document lines intro contracts for each identified customer
Correct Answer: B,E,F 🗳️
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