Oracle 1Z0-1059-21 Q&A - in .pdf

  • Exam Code: 1Z0-1059-21
  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
  • Q & A: 82 Questions and Answers
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Oracle 1Z0-1059-21 Q&A - Testing Engine

  • Exam Code: 1Z0-1059-21
  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
  • Q & A: 82 Questions and Answers
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Oracle 1Z0-1059-21 certification exam is designed for professionals who want to validate their skills and expertise in implementing the Oracle Revenue Management Cloud Service. 1Z0-1059-21 exam is intended to test the candidates' knowledge and understanding of the various concepts and features of the Oracle Revenue Management Cloud Service.

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To pass 1Z0-1059-21 exam, candidates must have a good understanding of revenue management concepts, including pricing strategies, revenue recognition, and billing processes. They must also have a solid understanding of Oracle Revenue Management Cloud Service and its various features, including revenue forecasting, revenue recognition, and revenue optimization. Candidates must also demonstrate their ability to implement and configure the Oracle Revenue Management Cloud Service to meet business requirements.

Reference: https://education.oracle.com/oracle-revenue-management-cloud-service-2021-implementation-essentials/pexam_1Z0-1059-21

To take the Oracle 1Z0-1059-21 exam, candidates must have a solid understanding of revenue management concepts and be familiar with Oracle Revenue Management Cloud Service. They should also have experience implementing and configuring this service in a real-world environment. Candidates who pass 1Z0-1059-21 exam will have a deep understanding of how to manage revenue contracts, create performance obligations, recognize revenue, and manage accounting for revenue in Oracle Revenue Management Cloud Service.

Oracle 1Z0-1059-21 Exam Syllabus Topics:

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

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