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Oracle 1Z0-1059-20 (Oracle Revenue Management Cloud Service 2020 Implementation Essentials) certification exam is a valuable credential for professionals who work with Oracle Revenue Management Cloud Service. 1Z0-1059-20 exam covers a wide range of topics related to revenue management, and passing the exam demonstrates the candidate's expertise in implementing and configuring the Oracle Revenue Management Cloud Service. Oracle Revenue Management Cloud Service 2020 Implementation Essentials certification can help professionals advance their careers in the field of enterprise software solutions and cloud services.
Oracle 1Z0-1059-20 exam consists of multiple-choice questions and is available in English. 1Z0-1059-20 exam is a 90-minute test, and candidates need to score at least 60% to pass. 1Z0-1059-20 exam covers topics such as configuring revenue contracts, managing revenue sources, managing revenue allocations, managing revenue recognition policies, and managing accounting rules.
Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Management Fundamentals | - Overview of Oracle Revenue Management Cloud Service (RMCS) - Core concepts of revenue recognition (ASC 606 / IFRS 15) |
| Revenue Recognition Processing | - Accounting integration and journal entries - Revenue scheduling and recognition events - Revenue allocation rules |
| Revenue Contracts Management | - Performance obligations identification - Standalone selling price allocation - Creating and managing revenue contracts |
| Reporting and Monitoring | - Revenue dashboards and analytics - Transaction and contract reporting |
| Setup and Configuration | - Revenue management configuration tasks - Account and contract setup - System setup and prerequisites |
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