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What is the duration, language, and format of Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
- Length of Examination: 85 minutes
- Number of Questions: 55
- Format: Multiple choices
- Language: English (U.S)
- Passing score: 64%
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Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Certification Path
The 1z0-1059-20 Certification is basic level certification organized by Oracle mainly focussing on revenue management of the Oracle cloud services skillset. There is no prerequisite for this exam.
Topics of Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
Candidates must know the exam topics before they start of preparation. Our 1z0-1059-20 Dumps will include the following topics:
1. Revenue Management Overview
- Explain Revenue Management Integration Requirements
- Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
2. Standalone Selling Prices
- Setup Revenue Management and configure standalone pricing
3. Revenue Management Reporting
- Explain how to create OTBI reporting objects
- Explain delivered reports uses and processes
4. Revenue Management Setup and Configuration
- NOTE: Placeholder for future Objective for another skill under Setup and Config
- Configure Revenue Management Cloud Services
5. Revenue Contracts
- Manage contracts and Revenue
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Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Revenue Management Overview and Principles | 20% | - Explain core revenue recognition standards (ASC 606, IFRS 15) - Describe Revenue Management Cloud architecture and components |
| Setup and Configuration | 28% | - Configure revenue management options and profile values - Set up accounting rules and ledger integration - Define system and application setup requirements |
| Revenue Contracts and Performance Obligations | 22% | - Identify customer contracts and manage contract rules - Process contract modifications and contingencies - Define and manage performance obligations |
| Integration and Reporting | 12% | - Use delivered reports and OTBI analytics - Create custom reporting objects - Explain integration requirements with Oracle Cloud ERP and third-party systems |
| Standalone Selling Prices | 18% | - Define and configure SSP profiles - Apply allocation methods for transaction pricing - Manage observed, estimated, and fallback SSP methods |
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