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Download Oracle : 1z1-974 Questions & Answers as PDF & Test Software

Last Updated: Sep 11, 2026

No. of Questions: 60 Questions & Answers with Testing Engine

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Syllabi change, and so do exams — Oracle Revenue Management Cloud Service 2017 Implementation Essentials is no exception. TestSimulate refreshes its 1z1-974 practice questions throughout 2026, and 365 days of free updates keep all 60 questions aligned with the current exam.

Oracle 1z1-974 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2017 Implementation Essentials
Exam Number:1Z0-974
Available Languages:English
Exam Format:Multiple Choice
Related Certifications:Oracle Financials Cloud Implementation
Real Exam Qty:60 - 70
Certificate Validity Period:18 months
Exam Duration:120 minutes
Exam Price:USD 245
Passing Score:60%
Recommended Training:Oracle Revenue Management Cloud Implementation Training
Exam Registration:Oracle Certification Portal
Pearson VUE Registration
Sample Questions:Oracle 1z1-974 Sample Questions
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:Basic knowledge of Oracle Cloud and revenue accounting principles; no mandatory prerequisite exams
Official Syllabus URL:https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-974

Oracle 1z1-974 Exam Syllabus Topics:

SectionWeightObjectives
Setup and Configuration35%- Key setup components
- Application configuration steps
- System parameters and options
Integration Requirements20%- Data flow and interfaces
- Integration with Oracle Cloud applications
Service Implementation25%- Troubleshooting implementation issues
- Process validation and testing
- Deploy Revenue Management Cloud Service
Revenue Principles & Standards20%- Core revenue management concepts
- Revenue recognition guidelines ASC 606 and IFRS 15

1z1-974 Exam FAQ: What to Know Before You Book

The 1z1-974 exam, officially titled Oracle Revenue Management Cloud Service 2017 Implementation Essentials, is the qualifying exam for the Oracle Financials Cloud certification, which sits at the Implementation Specialist level. Earning it shows employers that you have the skills the credential stands for, and it is a solid step forward on a Oracle career path. It also connects to Oracle Financials Cloud Implementation, so the effort you put in now keeps paying off as you advance.

The 1z1-974 exam gives you 60 - 70 questions to complete within 120 minutes. Do the math before exam day: divide the total time by the question count to set a steady per-question pace, and flag any item that stalls you so you can return to it after securing the easier points. The most reliable way to build that rhythm is a full timed practice test under the same limit, which is exactly what TestSimulate's test engines are designed for.

The passing score for Oracle Revenue Management Cloud Service 2017 Implementation Essentials is 60%, and the official registration fee is USD 245. Keep in mind that a retake means paying that fee again in full, which makes an honest self-check worthwhile: before you book, sit a timed practice test and make sure you are consistently scoring above the passing line with some margin to spare.

According to the official requirements: Basic knowledge of Oracle Cloud and revenue accounting principles; no mandatory prerequisite exams. Eligibility rules do change from time to time, so confirm the current details on the official exam page before you register.

Registration for the 1z1-974 exam is handled through the official channels below:

The exam is delivered in the following format: Online proctored or onsite at Pearson VUE test centers. Pick a date that leaves room for at least one full timed practice test beforehand.

Oracle recommends the following official training options for candidates preparing for Oracle Revenue Management Cloud Service 2017 Implementation Essentials:

Courses build the foundation, but they work best alongside question practice. That is where TestSimulate comes in: the 60 practice questions in our 1z1-974 package let you rehearse the exam format at your own pace and see exactly where you stand.

Yes — TestSimulate offers a free PDF demo of the Oracle Revenue Management Cloud Service 2017 Implementation Essentials material, so you can review the question style and answer quality before you spend anything. After purchase, you also receive 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

If you take the corresponding exam within 60 days of your purchase and do not pass, you are covered by the 100% Money Back Guarantee under clear conditions. To claim a full refund, submit a scan of your exam enrollment slip and your official Score Report PDF within two days of the exam; requests are processed within seven days. Note that sitting the exam within three days of purchase is not eligible, purchases that were never followed by an exam sitting do not qualify, free materials and expired orders are excluded, and the candidate name must match the payer name. Prefer an exchange instead? You can swap your product for two free exam packages of equal value and keep your update service. Delivery is immediate: your 1z1-974 material is ready for instant download and is also emailed to you within one minute of payment — contact customer service if nothing arrives within two hours. There is no limit on the number of computers you can install it on.

The current Oracle Revenue Management Cloud Service 2017 Implementation Essentials syllabus is organized into 4 exam domains. The first three are:

  • Service Implementation (25%)
  • Revenue Principles & Standards (20%)
  • Integration Requirements (20%)

For the full domain and subtopic breakdown, see the Exam Topics section above — that is the outline your TestSimulate practice questions are mapped to.

Oracle Revenue Management Cloud Service 2017 Implementation Essentials Sample Questions:

Question #1

Which three types of reference data critical to the Integration of a source system need to be synchronized between an external system and Revenue Management?

  • A. Customers
  • B. Suppliers
  • C. Banks, branches and bank accounts
  • D. Business Units
  • E. Inventory items
  • F. Receivables configurations
Answer: A,D,E
Question #2

What does the creation of an allocation allow you to determine?

  • A. the ability not to revise previously reported revenue for revision, corrections, and other changes
  • B. the fair value of each performance obligation
  • C. an allocation of the expected consideration over the performance obligations as if you had sold them separately
  • D. the maximum amount of revenue you can recognize soonest, postponing the minimum until later
Answer: B

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question #3

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

  • A. 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.
  • B. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
  • C. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
  • D. You value the accrual at estimated consideration and it is a monetary debt.
  • E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
Answer: A
Question #4

What does a Variable Consideration require?

  • A. an estimate of the consideration be made at inception only
  • B. an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized
  • C. that the consideration be monetary
  • D. a disclosure be made to the shareholders
Answer: A

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question #5

A corporation uses a pricing policy that considers deal size to calculate price per unit for its products. For example:

Which Price Band Segment Label would be appropriate to use in this case?

  • A. Amount Band
  • B. Set Band
  • C. Quantity Band
  • D. Deal Size Band
Answer: A

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