[Q37-Q53] Updated Feb-2026 Exam Engine or PDF for the 1Z0-1059-24 Tests Free Updated Today!

Updated Feb-2026 Exam Engine or PDF for the 1Z0-1059-24 Tests Free Updated Today!

Ultimate Guide to Prepare 1Z0-1059-24 with Accurate PDF Questions

Oracle 1Z0-1059-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Configuring and Managing Standalone Selling Prices: This domain tests the knowledge of Pricing Analysts and Revenue Managers in managing standalone selling prices and related configurations. It includes setting up pricing models and ensuring compliance with revenue recognition standards.
Topic 2	Configuring Revenue Management: This section evaluates the expertise of Implementation Specialists and System Administrators in setting up the Oracle Revenue Management application. It focuses on configuring system parameters and ensuring that the application aligns with business requirements for effective revenue management.
Topic 3	Using Revenue Management Reporting: This section evaluates the expertise of Business Intelligence Analysts and Reporting Specialists in creating OTBI reporting objects and understanding Oracle-delivered reports. It focuses on leveraging reporting tools to analyze revenue data and support decision-making processes.
Topic 4	Managing Revenue Contracts: This section measures the skills of Contract Managers and ERP Specialists in handling customer contracts, performance obligations, and contract maintenance. It also covers loading data into the application using FBDI templates, processing customer contract source documents, analyzing accounting entries, and navigating the Revenue Management user interface.
Topic 5	Revenue Management Overview: This section of the exam measures the skills of Revenue Analysts and Financial Consultants in understanding key revenue principles, including the new revenue recognition guidance under ASC 606 and IFRS 15. It also covers the integration of Oracle Revenue Management with other financial systems to ensure seamless operations.

 

NEW QUESTION # 37
65-A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

• A. By defining an exclusion rule to exclude customer classes that are "Retail"
• B. By defining an item group and assigning that to the rule
• C. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
• D. By defining a grouping rule on the customer class
• E. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute

Answer: E

NEW QUESTION # 38
A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

• A. Quantity Band
• B. Deal Size Band
• C. Set Band
• D. Amount Band

Answer: D

NEW QUESTION # 39
A corporation does not have historical Standalone Selling Prices stored in Revenue Management. Which two options are available to help the corporation establish Standalone Selling Prices?

• A. Load estimated process to table VRM_SOURCE_DOCUMENTS using SQL script.
• B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
• C. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
• D. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
• E. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
• F. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.

Answer: B,C

NEW QUESTION # 40
How many tabs does the Customer Contract Source Data Import Template have?

• A. one tab that stores data for the VRM_SOURCE_DOCUMENTS table
• B. three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively
• C. two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively
• D. four tabs that store data for the
  VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively

Answer: B

Explanation:
You can import source transactions using the Customer Contract Source Data Import process. Customer Contract Source Data Import uses three interface tables--one parent table and two child tables--to represent source documents, source document lines, and source document sub-lines. The parent table, VRM_SOURCE_DOCUMENTS contains the source document information. The child tables contain the following information for a given interface line record: VRM_SOURCE_DOC_LINES contains source document line details; VRM_SOURCE_DOC_SUB_LINES contains source document sub line details

NEW QUESTION # 41
A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?

• A. Business Intelligence Publisher
• B. Smart View
• C. Oracle Transactional Business Intelligence
• D. Reporting Studio

Answer: A

NEW QUESTION # 42
Which setup component Is NOT connected to a Revenue Price Profile?

• A. Pricing Dimension Segments
• B. Source Document Types
• C. Contract Identification Rules
• D. Items

Answer: B

NEW QUESTION # 43
What does the creation of an allocation allow you to determine?

• A. the fair value of each performance obligation
• B. an allocation of the expected consideration over the performance obligations as if you had sold them separately
• C. the ability not to revise previously reported revenue for revision, corrections, and other changes
• D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later

Answer: A

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/FAOFC/FAOFC2288367.htm

NEW QUESTION # 44
Using the two delivered Oracle Transactional Business Intelligence (OTBI) subject areas for Revenue Management, which two reporting objects can users build In the BI catalog?

• A. Infolets
• B. Analysis
• C. Infotile
• D. Dashboards

Answer: B,D

NEW QUESTION # 45
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

• A. centralized accounting solution
• B. stand-alone selling price derivation
• C. revaluation of assets and liabilities
• D. General Ledger journal creation
• E. General Ledger account derivation based on predefined events
• F. multiple accounting representations

Answer: C,D,F

NEW QUESTION # 46
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. Select Conversion Rate Type in the Source Document Type setup.
• B. Provide currency conversion details in the Revenue Basis Data Import Template.
• C. Enter Conversion Rate Type in System Options.
• D. Run the Revenue Management translation process.
• E. Enter exchange rate information in Standalone Selling Price Profile.

Answer: C,D

NEW QUESTION # 47
Which statement is NOT applicable to Performance Obligation Templates?

• A. Oracle delivers three predefined Performance Obligation Templates,
• B. Performance Obligation Templates take precedence over Performance Obligation Rules.
• C. Performance Obligation Templates are specific to the business and cannot be predefined.
• D. Performance Obligation Templates can be associated to a Revenue Price Profile.

Answer: A

NEW QUESTION # 48
Which three statements about Effective Periods are true?

• A. Effective Periods only define the rage where standalone selling prices of an item should be effective.
• B. You cannot have overlapping periods.
• C. If effective periods are not defined. Revenue Management uses the General Ledger calendar.
• D. Effective Periods are used for standalone selling prices and for creating journal entries.
• E. Gaps between periods are not allowed.

Answer: A,B,D

NEW QUESTION # 49
Which three tasks are associated with defining a Pricing Dimension Structure?

• A. Assign required segment labels to each segment.
• B. Define up to 30 segments and name them.
• C. Analyze pricing policies across products and services.
• D. Create multiple instances for a given Pricing Dimension Structure.
• E. Include user friendly prompts for each segment.
• F. Define up to 20 segments and name them.

Answer: A,B,C

NEW QUESTION # 50
After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance. Which two attributes on the structure instance are inherited from the structure definition?

• A. The Query Required option
• B. Wether Dynamic Combination Creation Allowed is enabled
• C. The Displayed option
• D. The value sets
• E. The shape: Same nunmber of segments and order

Answer: D,E

NEW QUESTION # 51
The predefined Revenue Contract Account Activities report originally had only one output option of spreadsheet.
Which output option can you now also choose to assist In handling a large number of records?

• A. Flat File
• B. PDF
• C. HTML
• D. PowerPoint

Answer: A

NEW QUESTION # 52
In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be completed.
Which two are NOT included in the four step process?

• A. Run Create Accounting.
• B. Run the Calculate Observed Standalone Selling Prices program.
• C. Review the calculated OSSP.
• D. Categorize standalone sales by performance obligation.
• E. Approve the OSSP by establishing it.
• F. Close the previous period.

Answer: B,D

NEW QUESTION # 53
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