Oracle 1Z0-1059-21 real exam prep : Oracle Revenue Management Cloud Service 2021 Implementation Essentials

  • Exam Code: 1Z0-1059-21
  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
  • Updated: Oct 09, 2026
  • Q&As: 82 Questions and Answers

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Oracle 1Z0-1059-21 Exam Syllabus Topics:

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

Your Oracle Revenue Management Cloud Service 2021 Implementation Essentials Questions, Answered

Oracle Revenue Management Cloud Service 2021 Implementation Essentials is an official Oracle exam, registered under the code 1Z0-1059-21. A passing score earns you the Oracle Cloud certification, positioned at the Professional level. The credential also connects to Oracle Revenue Management Cloud Service 2021 Certified Implementation Professional, so it can anchor a broader certification path. Because Oracle designs its exams around real job tasks, holding this certification signals practical skill rather than memorized theory.

Candidates face 60 questions inside a 105 minutes window on the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam. That ratio leaves little slack, which is why pacing deserves as much practice as the content itself. Learn to budget your minutes, park stubborn questions instead of wrestling them, and rehearse under a real clock: a few timed runs in the Real4Prep test engine will make the official time limit feel routine rather than threatening.

The passing bar for Oracle Revenue Management Cloud Service 2021 Implementation Essentials is set at 65%, and registering for the exam officially costs $245 USD. There is no reduced price for a second try: fail, and you pay $245 USD in full again. That makes honest self-testing the cheapest insurance available, so hold off on booking until your Real4Prep practice scores sit clearly above the passing line, attempt after attempt.

No mandatory prerequisite exam. Oracle recommends hands-on experience implementing Oracle Revenue Management Cloud Service.

Vendor policies are revised from time to time, so double-check the eligibility details before registering on the official exam page.

Absolutely. A free PDF demo of the Oracle Revenue Management Cloud Service 2021 Implementation Essentials questions is available at Real4Prep, so you can inspect the quality and formatting before any money changes hands. Once you buy, updates are free for 365 days, and when that period runs out you can extend the update service at 50% off the regular price.

Real4Prep offers a 100% money-back guarantee with specific conditions. If you take the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam within 60 days of purchase and fail, you may claim a full refund, provided the exam matches your product. Sitting the exam within 3 days of purchase disqualifies a claim, as do downloaded-but-unused products, free materials, and expired orders; the candidate name must also match the payer name. To file, submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the claim is processed within 7 days. If you prefer, you can skip the refund and instead receive two other exam products of equal value at no charge while keeping the update service on your original purchase.

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Oracle Revenue Management Cloud Service 2021 Implementation Essentials is divided into 7 official domains. Among the headline areas are Revenue Management Fundamentals, Performance Obligations and Pricing, and Customer Contracts Processing. Scroll up to the exam topics section for the full breakdown, and use it as a checklist: any line you cannot confidently explain deserves another round of practice.

Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:

Question #1

A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?

  • A. Dependent
  • B. Independent
  • C. Format Only
  • D. Table
  • E. Subset
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

How can you access an implementation task in Functional Setup Manager. (choose 3)

  • A. By navigating from the Welcome Springboard
  • B. By searching
  • C. By navigating from the Implementation Project
  • D. By navigation to an offering's functional area
Reveal Solution  Discussion  0

Correct Answer: B,C,D  🗳️

Question #3

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. Navigate to the "Manage Standalone Selling Profiles" page and enter estimated prices manually for a given profile In the browser user Interface.
  • C. Navigate to the Revenue Management Work Area and enter estimated prices manually for a specific customer contract in the browser user Interface.
  • D. Use the Revenue Basis Data Import FBDI template to load unit standalone selling prices.
  • E. Run the Calculate Observed Standalone Selling Prices program to derive prices.
  • F. Navigate to the "Manage Standalone Selling Profiles" page and download spreadsheet template to enter estimated prices manually.
Reveal Solution  Discussion  0

Correct Answer: E,F  🗳️

Question #4

A pricing dimension segment value combination is one of the factors to determine standalone selling prices. This combination is based on the pricing dimension assignment setup.
What does the pricing dimension assignment match the pricing dimension segment combination to?

  • A. a pricing dimension structure instance
  • B. the source document types
  • C. pricing bands
  • D. a pricing dimension structure
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

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. PowerPoint
  • C. HTML
  • D. PDF
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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