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

  • Exam Code: 1Z0-1059-21
  • Exam Name: Oracle Revenue Management Cloud Service 2021 Implementation Essentials
  • Updated: Oct 09, 2026
  • Q & A: 82 Questions and Answers
  • PDF Price: $59.99
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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
  • Updated: Oct 09, 2026
  • Q & A: 82 Questions and Answers
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About Oracle Revenue Management Cloud Service 2021 Implementation Essentials - 1Z0-1059-21 Exam Actual Tests

Demand for Oracle-certified professionals keeps outpacing supply, and the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam is the doorway in. Prep4sureGuide stocks 82 practice questions built specifically for 1Z0-1059-21, so your preparation targets the credential employers are actually paying for.

Oracle 1Z0-1059-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Exam Number:1Z0-1059-21
Passing Score:65%
Real Exam Qty:60
Available Languages:English
Exam Duration:105 minutes
Exam Format:Multiple Choice, Multiple Response
Related Certifications:Oracle Revenue Management Cloud Service 2021 Certified Implementation Professional
Certificate Validity Period:Oracle Cloud certifications generally remain valid until the associated product version is retired
Exam Price:$245 USD
Sample Questions:Free Download 1Z0-1059-21 Actual tests
Exam Way:Pearson VUE Testing Center or Oracle Online Proctored Exam
Pre Condition:No mandatory prerequisite exam. Oracle recommends hands-on experience implementing Oracle Revenue Management Cloud Service.
Official Syllabus URL:https://education.oracle.com/oracle-revenue-management-cloud-service-2021-implementation-essentials/pexam_1Z0-1059-21

Oracle 1Z0-1059-21 Exam Syllabus Topics:

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

1Z0-1059-21 Exam Questions Answered: Oracle Candidates' FAQ

Oracle Revenue Management Cloud Service 2021 Implementation Essentials is an official exam run by Oracle under exam code 1Z0-1059-21. Passing it awards the Oracle Cloud certification, which sits at the Professional tier. It also counts toward related credentials such as Oracle Revenue Management Cloud Service 2021 Certified Implementation Professional. Certified professionals remain in shorter supply than the market wants, which is precisely why this exam keeps showing up in conversations about better roles and better pay.

The Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam gives you 105 minutes to work through 60 questions. That is a tight ratio, and it punishes candidates who get emotionally attached to any single item. The fix is mechanical: answer what you know, flag what you do not, and keep moving. A few full-length timed runs in the Prep4sureGuide test engine, with its randomized question order, will calibrate your pace far better than untimed reading ever could.

The official fee for Oracle Revenue Management Cloud Service 2021 Implementation Essentials is $245 USD, and 65% is what passing takes. The uncomfortable part: retakes cost the full $245 USD again, which makes preparation the cheapest line item in this whole project. Before booking, put yourself through repeated scored sessions with the Prep4sureGuide practice tests and compare results over time; a stable margin above the passing line, not a single lucky run, is when you are ready.

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

Vendor rules do get revised, so treat this as your starting point and confirm the current eligibility details before booking via the official exam page.

It is. Prep4sureGuide publishes a free PDF demo of the Oracle Revenue Management Cloud Service 2021 Implementation Essentials material, so the product can prove itself before you pay. Your purchase then comes with 365 days of free updates, and once that period ends, extending the update service costs 50% of the regular price. The test engine software itself is verified malware-free and safe to install.

Prep4sureGuide stands behind the product with a 100% money-back guarantee under defined conditions. If you take the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam within 60 days of purchase and fail, you qualify for a full refund, provided the exam corresponds to your product. Sitting the exam within 3 days of purchase does not qualify, and neither do unused downloads, free materials, or expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are resolved within 7 days. You may also choose an exchange instead of a refund: two other exam products of equal value, free, with the update service on your original purchase retained.

Delivery takes about a minute. Files unlock for instant download at payment and are emailed to you automatically; if 2 hours pass with nothing received, check spam and contact customer service. There is no installation limit, so the test engine can live on every device you own, phone included.

Oracle Revenue Management Cloud Service 2021 Implementation Essentials breaks down into 7 official domains, led by Reporting and Monitoring, Revenue Recognition and Satisfaction Events, and Revenue Management Configuration. You will find the full topic-by-topic outline above on this page; use the weightings to budget your study hours where they pay back the most.

Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:

Question #1

The Customer Contract Source Data Import Template contains three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively.
What data Is captured In the "Customer Contract Source Document Sub Lines" tab (VRM_SOURCE_DOC_SUB_LINES table)?

  • A. Sub contract level details.
  • B. Performance obligation satisfaction event details.
  • C. Sales order header level data.
  • D. Sales order line level data.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Revenue Management creates journal entries from a contract In order to recognize revenue properly. Which three event types are used by Revenue Management to create these journal entries?

  • A. Standalone Selling Prices Allocated
  • B. Revenue Recognized
  • C. Performance Obligation Satisfied
  • D. Initial Performance
  • E. Performance Obligation Billed
Reveal Solution  Discussion  0

Correct Answer: B,C,D  🗳️

Question #3

You define a Contract Identification Rule that uses the following source document attributes to match transaction lines:
Bill-to Customer Party Identifier
Extensible Header Character Attribute 4
Based the data displayed:

How many contracts will be created In Revenue Management?

  • A. 5
  • B. 4
  • C. 1
  • D. 0
  • E. 3
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #4

At which level does Oracle Revenue management perform accounting?

  • A. Contract level
  • B. Performance obligation level
  • C. Legal entity level
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

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 Context Values are populated
  • B. when the Deferred Revenue box is checked
  • C. when the Type is Fixed or Variable
  • D. when it is a business requirement
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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