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Download Oracle : 1Z0-1059-21 Questions & Answers as PDF & Test Software

Last Updated: Sep 10, 2026

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From a printable PDF to a desktop test engine and an online test engine, TestSimulate covers every stage of 1Z0-1059-21 preparation in 2026. One purchase gives you 82 practice questions for Oracle Revenue Management Cloud Service 2021 Implementation Essentials, 365 days of free updates, and support whenever you need it.

Oracle 1Z0-1059-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Exam Number:1Z0-1059-21
Available Languages:English
Exam Format:Multiple Choice
Real Exam Qty:55-60
Passing Score:64%
Exam Price:USD 245
Certificate Validity Period:18 months from earn date; retired May 31, 2022
Exam Duration:90 minutes
Recommended Training:Oracle Revenue Management Cloud Implementation Training
Exam Registration:Pearson VUE Registration
Oracle University Exam Page
Sample Questions:Oracle 1Z0-1059-21 Sample Questions
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud
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 Analytics- Create OTBI reporting objects
- Use predefined reports and dashboards
Topic 2: Revenue Contracts and Processing- Manage contract modifications
- Identify contracts and performance obligations
- Process customer contract source documents
- Allocate transaction price
Topic 3: Revenue Management Overview- Explain revenue principles (ASC 606, IFRS 15)
- Describe user interface and navigation
Topic 4: Integration and Accounting- Analyze subledger accounting entries
- Describe integration with Oracle Cloud ERP
- Load data using FBDI templates
Topic 5: Revenue Management Setups- Configure system options and profile options
- Define contract identification rules
- Set up accounting rules and ledgers
Topic 6: Standalone Selling Price Configuration- Monitor and adjust pricing data
- Define and manage standalone selling prices
- Configure price profiles and derivation rules

1Z0-1059-21 Exam FAQ: What to Know Before You Book

The 1Z0-1059-21 exam, officially titled Oracle Revenue Management Cloud Service 2021 Implementation Essentials, is the qualifying exam for the Oracle Revenue Management Cloud Service 2021 Certified Implementation Specialist certification, which sits at the 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.

The 1Z0-1059-21 exam gives you 55-60 questions to complete within 90 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 2021 Implementation Essentials is 64%, 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: No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud. Eligibility rules do change from time to time, so confirm the current details on the official exam page before you register.

Registration for the 1Z0-1059-21 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 2021 Implementation Essentials:

Courses build the foundation, but they work best alongside question practice. That is where TestSimulate comes in: the 82 practice questions in our 1Z0-1059-21 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 2021 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 1Z0-1059-21 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 2021 Implementation Essentials syllabus is organized into 6 exam domains. The first three are:

  • Revenue Management Setups
  • Integration and Accounting
  • Revenue Contracts and Processing

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 2021 Implementation Essentials Sample Questions:

Question #1

Which three statements about Effective Periods are true?

  • A. Effective Periods are used for standalone selling prices and for creating journal entries.
  • B. You cannot have overlapping periods.
  • C. Effective Periods only define the rage where standalone selling prices of an item should be effective.
  • D. Gaps between periods are not allowed.
  • E. If effective periods are not defined. Revenue Management uses the General Ledger calendar.
Reveal Solution  Discussion  0

Correct Answer: A,B,C  🗳️

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
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

A corporation wants to use any potential values In a segment of their Pricing Dimension Structure, as long as those values do not exceed a length of 50 characters.
Which validation type must be selected when defining this Value Set?

  • A. Subset
  • B. Format Only
  • C. Independent
  • D. Table
  • E. Dependent
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which three statements describe how Revenue Management creates accounting contracts to meet the new ASC 606 / IFRS 15 revenue recognition standards?

  • A. by only creating contracts that are source system specific
  • B. by identifying and creating one or more performance obligations for a given accounting contract
  • C. by calculating Total Transaction Price for contracts
  • D. by grouping source document lines intro contracts for each identified customer
  • E. by restricting users from excluding contract lines
  • F. by allowing manual allocation of Total Transaction Price across performance obligations
Reveal Solution  Discussion  0

Correct Answer: A,D,F  🗳️

Question #5

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

  • A. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
  • B. Run the Calculate Observed Standalone Selling Prices program to derive prices.
  • C. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
  • D. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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