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 1z0-1059-24 Dumps with Practice Exam Questions Answers

Questions: 83 Questions and Answers With Step-by-Step Explanation

Last Update: Oct 19, 2025

1z0-1059-24 Question Includes: Single Choice Questions: 58, Multiple Choice Questions: 25,

1z0-1059-24 Questions and Answers

Question # 1

Given Oracle Revenue Management Cloud has predefined integration with Oracle E-Business Suite Financials, which two steps areNOTpart of the steps to configure EBS for integration with Revenue Management Cloud?

A.

Apply appropriate patches to EBS.

B.

Run the Deploy System Options process.

C.

Set the Profile Option AR: Source System Value for Revenue Management.

D.

Map the EBS Chart of Accounts to the Cloud General Ledger.

E.

Set the System Options in EBS Receivables on the Revenue Management tab.

Question # 2

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.

Dashboards

C.

Infotile

D.

Analysis

Question # 3

At which level does Oracle Revenue management perform accounting?

A.

Legal entity level

B.

Contract level

C.

Performance obligation level

Question # 4

Which three statements about Effective Periods are true?

A.

If effective periods are not defined. Revenue Management uses the General Ledger calendar.

B.

Effective Periods are used for standalone selling prices and for creating journal entries.

C.

Gaps between periods are not allowed.

D.

You cannot have overlapping periods.

E.

Effective Periods only define the rage where standalone selling prices of an item should be effective.

Question # 5

Which three tasks can be performed In the Revenue Management Work Area?

A.

Edit Contract Identification Rules.

B.

Review Observed Standalone Selling Prices.

C.

Manage contracts in "Pending Review" status.

D.

Manage contracts in "Pending Allocation" status.

E.

Review Performance Satisfaction Plans.

F.

Review Revenue Price Profiles.

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Oracle 1z0-1059-24 Practice Exam FAQs

1. What is the Oracle 1Z0-1059-24 Exam?


The Oracle 1Z0-1059-24 exam, officially titled Oracle Revenue Management Cloud Service 2024 Implementation Professional, validates your ability to implement and configure Oracle Revenue Management Cloud. It focuses on ASC 606 and IFRS 15 compliance, contract management, revenue recognition, and reporting.

2. What are the main topics covered in the Oracle 1Z0-1059-24 Exam?


The 1z0-1059-24 exam includes the following key domains:

  • Revenue Management Overview

  • Revenue Principles (ASC 606 & IFRS 15)

  • Revenue Management Integration

  • Configuring Revenue Management

  • Standalone Selling Prices

  • Managing Revenue Contracts

  • Customer Contract Source Documents

  • Accounting in Revenue Management

  • Revenue Management Reporting

3. Who should take the Oracle 1Z0-1059-24 Certification?


The Oracle 1z0-1059-24 exam is ideal for ERP consultants, financial analysts, and Oracle Cloud professionals who implement or manage revenue recognition processes using Oracle Revenue Management Cloud.

4. How many questions are on the Oracle 1Z0-1059-24 Exam and what is the format?


The Oracle 1z0-1059-24 exam typically includes around 50 multiple-choice questions. You’ll have 90 minutes to complete it. The questions test both conceptual understanding and practical configuration skills.

5. How much does the Oracle 1Z0-1059-24 Exam cost?


The cost is approximately USD $245, though the price may vary depending on your country / currency and Oracle’s local fees.

6. What is the difference between Oracle 1z0-1059-24 and 1z0-1059-25?


The 1Z0-1059-24 exam is based on Oracle Cloud Release 24A–24C and focuses on core areas like ASC 606 and IFRS 15 compliance, revenue contract setup, standalone selling prices, integration, and reporting. In contrast, the 1Z0-1059-25 exam is updated for Release 25A and includes enhancements in configuration options, refined contract identification, expanded integration capabilities, and updated reporting tools.

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