Read, write, recite — anywhere, anytime. The 1Z0-1059-24 online version at LatestCram runs on every operating system and device, making Oracle Revenue Management Cloud Service 2024 Implementation Professional study easy and genuinely interesting in 2026.
Oracle 1Z0-1059-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management Cloud Service 2024 Implementation Professional |
| Exam Number: | 1Z0-1059-24 |
| Certificate Validity Period: | Typically 18–36 months (Oracle certification policy varies by track) |
| Related Certifications: | Oracle Financials Cloud Certifications Oracle Cloud Applications Certifications |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Proctored Online |
| Passing Score: | 68% |
| Available Languages: | English |
| Exam Price: | $245 (varies by country/Oracle University pricing) |
| Real Exam Qty: | 50 |
| Recommended Training: | Oracle Revenue Management Cloud Training (Oracle University) Oracle Financials Cloud Training Path |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored exam via Oracle testing platform or authorized test centers |
| Pre Condition: | No mandatory prerequisites; Oracle recommends familiarity with Oracle Financials Cloud and revenue recognition concepts (ASC 606 / IFRS 15). |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1059-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting and Reporting | - Subledger Accounting (SLA) integration - OTBI reporting and analytics - Revenue accounting entries |
| Revenue Management Fundamentals | - Revenue recognition principles (ASC 606 / IFRS 15) - Integration with Oracle Cloud Applications - Revenue Management overview and architecture |
| Data Processing and Integration | - Revenue recognition automation flows - FBDI data upload templates - Source document processing |
| Configuration and Setup | - Revenue Management application configuration - Price bands and allocation rules - Standalone Selling Price (SSP) setup and management |
| Revenue Contracts Management | - Contract creation and maintenance - Contract modifications and updates - Performance obligations identification |
1Z0-1059-24 Exam Prep: Tools, Policies, and Support
Oracle lists the following prerequisites for the Oracle Revenue Management Cloud Service 2024 Implementation Professional: No mandatory prerequisites; Oracle recommends familiarity with Oracle Financials Cloud and revenue recognition concepts (ASC 606 / IFRS 15)..
Verify the current requirements on the official certification page before registering.
Registration runs through the official channels below:
Choose your test center or online session and book early — a fixed date turns intention into schedule.
The Oracle Revenue Management Cloud Service 2024 Implementation Professional blueprint is organized around these main domains:
- Data Processing and Integration
- Revenue Contracts Management
- Revenue Management Fundamentals
Additional domains follow in the official outline; our bank covers the complete set.
Per the latest exam information, the 1Z0-1059-24 exam contains 50 questions and allows 90 minutes minutes. The software and online engines let you rehearse under those exact conditions.
Clear and confirmed. If you fail the corresponding exam within 60 days of purchase, send your failure score report to our support email together with a scanned copy of your enrollment slip — the official Score Report PDF must reach us within two days of the exam date. Once confirmed, we process the full refund within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. Alternatively, exchange your product for two others of equal value at no cost.
Oracle recommends these official training resources:
Structured training plus mistake-tracking engine practice covers both knowledge and technique.
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Currently, the 1Z0-1059-24 exam requires a passing score of 68%, and the registration fee is $245 (varies by country/Oracle University pricing). Both figures belong to Oracle and can change, so confirm them on the official site when you book.
Match the tool to your habits. The PDF version suits paper lovers: read online or print out for handwritten practice. The software version suits Windows users: interactive and functional, it reminds you of good study methods and easy memorization — and it remembers your mistakes after each session, prompting repeated practice until they stick. The online version carries the same functions to every operating system and device, so you can read, write, and recite anytime, anywhere. Whichever you choose, every answer is expert-verified, customer service is online 24/7, your information stays secret under a strict protection system — no advertisement emails — and returning customers enjoy loyalty discounts.
Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:
You define a Performance Obligation Identification Rule that uses the following matching attribute to group source document lines:
Extensible Line Character Attribute 7
Based on the data displayed:
How many performance obligations will be created In Revenue Management?
- A. 5
- B. 3
- C. 4
- D. 6
Correct Answer: B 🗳️
When is it required to populate the number of periods and percentage of revenue (seen in the image below) while defining a revenue scheduling rule?
- A. when the Deferred Revenue box is checked
- B. when it is a business requirement
- C. when the Type is Fixed or Variable
- D. when Context Values are populated
Correct Answer: C 🗳️
Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?
- A. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
- B. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
- C. You accrue for goods and services that you owe to customers because either you or they have relied on the contract. You no longer defer revenue.
- D. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
- E. You value the accrual at estimated consideration and it is a monetary debt.
Correct Answer: C 🗳️
Given the Identify Customer Contracts Job set performs many different processes, which action Is NOT performed by this job set?
- A. creates customer contracts and performance obligations
- B. recognizes revenue if any satisfaction events exist
- C. allocates the SSP to various performance obligations
- D. allocates the SSP to various satisfaction events
- E. creates the accounting for the stages in the process
Correct Answer: E 🗳️
You have defined 3 Contract Identification rules: Rule A, Rule B, and Rule C.
You then decide that Rule C needs to be the first rule executed when the "Identify Customer Contracts" process runs.
Which attribute needs to be updated to achieve this objective?
- A. Source Document Type
- B. Default Classification
- C. Freeze Period
- D. Priority
Correct Answer: D 🗳️
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