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Download Oracle : 1Z0-1059-24 Questions & Answers as PDF & Test Software

Last Updated: Sep 23, 2026

No. of Questions: 85 Questions & Answers with Testing Engine

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Everyone studies differently, so TestSimulate offers 1Z0-1059-24 exam preparation material in three formats: a printable PDF, a desktop test engine for Windows, and an online test engine that runs in any browser. All three carry the same 85 practice questions for Oracle Revenue Management Cloud Service 2024 Implementation Professional; you simply pick the one that fits your routine.

Oracle 1Z0-1059-24 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2024 Implementation Professional
Exam Number:1Z0-1059-24
Exam Price:$245 USD
Passing Score:68%
Exam Duration:90 minutes
Related Certifications:Oracle Financials Cloud Certification
Oracle Revenue Management Cloud Service Implementation Professional
Certificate Validity Period:18 Months
Available Languages:English
Real Exam Qty:50
Exam Format:Multiple Choice
Sample Questions:Oracle 1Z0-1059-24 Sample Questions
Exam Way:Online proctored exam or test center delivery through Oracle Certification Program.
Pre Condition:Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15.
Official Syllabus URL:https://education.oracle.com/oracle-revenue-management-cloud-service-2026-implementation-professional/pexam_1Z0-1059-26

Oracle 1Z0-1059-24 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Analytics- Revenue Reporting
  • 1. Audit and Compliance Reporting
  • 2. Revenue Management Dashboards
  • 3. Period Close Reporting
Topic 2: Revenue Recognition Processing- Revenue Recognition Activities
  • 1. Satisfaction Events
  • 2. Recognition Schedules
  • 3. Revenue Adjustments
Topic 3: Revenue Management Overview- Revenue Management Fundamentals
  • 1. Revenue Management Business Process Flow
  • 2. Revenue Recognition Concepts
  • 3. Revenue Contracts and Performance Obligations
Topic 4: Contract Asset and Liability Management- Contract Accounting
  • 1. Contract Liabilities
  • 2. Contract Assets
  • 3. Deferred Revenue Processing
Topic 5: Performance Obligation Management- Obligation Identification and Allocation
  • 1. Standalone Selling Price Determination
  • 2. Allocation Rules
  • 3. Bundled Product Revenue Allocation
Topic 6: Integration and Data Management- Enterprise Integration
  • 1. Data Validation and Error Handling
  • 2. Source System Data Imports
  • 3. Financials Cloud Integration
Topic 7: Revenue Management Configuration- Application Setup
  • 1. System Options and Configuration
  • 2. Revenue Management Policies
  • 3. Accounting Setup Integration
Topic 8: Customer Contract Identification- Source Document Processing
  • 1. Contract Modifications
  • 2. Source Data Integration
  • 3. Customer Contracts

1Z0-1059-24 Certification Exam — Your Questions, Answered

The 1Z0-1059-24 exam is the official Oracle exam behind Oracle Revenue Management Cloud Service 2024 Implementation Professional — passing it earns you the Oracle Cloud certification, a credential positioned at the Professional level. It is built for candidates who want to validate the skills measured by Oracle Revenue Management Cloud Service 2024 Implementation Professional. Depending on your track, the exam is also linked to the Oracle Financials Cloud Certification and Oracle Revenue Management Cloud Service Implementation Professional certifications, so one pass can move you toward more than one Oracle credential.

The 1Z0-1059-24 exam presents 50 questions to be completed within 90 minutes. That pace leaves little room for second-guessing: read each question carefully on the first pass, flag the ones you want to revisit, and keep moving instead of stalling on a single item. Before exam day, run at least one full timed session in the TestSimulate desktop or online test engine with a comparable question load — a steady rhythm under the clock is a trainable skill, and it is often what separates a pass from a near miss.

To pass the 1Z0-1059-24 exam you need 68%, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying that fee again in full — retakes are not discounted. Given the cost, self-test before you book: if you can score comfortably above the passing mark on two or three consecutive timed TestSimulate practice tests, your budget is far better spent on the exam itself than on a retake.

Candidates should have experience implementing Oracle ERP Financials Cloud solutions and understanding revenue recognition standards such as ASC 606 and IFRS 15. Because Oracle revises its certification programs from time to time, treat this as a starting point rather than the final word. Confirm the current eligibility requirements on the official Oracle exam page before you register.

Yes. A free PDF demo of the 1Z0-1059-24 practice questions is available, so you can check the question style and answer quality before spending anything. Every purchase also includes 365 days of free updates — whenever Oracle adjusts the Oracle Revenue Management Cloud Service 2024 Implementation Professional blueprint, your material is refreshed at no cost during that period. After the first year, you can extend the update service at a 50% discount from your member zone.

TestSimulate backs your purchase with a 100% Money Back Guarantee. If you take the corresponding exam within 60 days of purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip together with the official Score Report PDF within 2 days of your exam date; approved claims are processed within 7 days. The guarantee applies only to the exam matching your purchase, the candidate name must match the payer name, and it does not cover attempts taken within 3 days of purchase, candidates who downloaded the material but never sat the exam, expired orders, or free materials. If you would rather keep preparing, you can exchange the product for two free exam preparation packages of equal value and keep the update service on your original purchase.

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The Oracle Revenue Management Cloud Service 2024 Implementation Professional syllabus is organized into 8 domains. Among the headline areas are Contract Asset and Liability Management, Revenue Management Overview, Customer Contract Identification. Rather than copying every subtopic here, we keep the complete, current outline in the Exam Topics section above — work through it domain by domain with the TestSimulate 1Z0-1059-24 practice questions so nothing on the blueprint catches you off guard.

Oracle Revenue Management Cloud Service 2024 Implementation Professional Sample Questions:

Question #1

A corporation uses a primary ledger with a currency of USD. The organization's data includes source document lines with amounts expressed in the Euro currency. However, Revenue Management calculates transaction totals, allocations, and creates accounting in the ledger currency.
What needs to be done in Revenue Management to convert transaction amounts to the USD currency?

  • A. Populate exchange rates in Revenue Price Profile.
  • B. Populate Conversion Rate Type in System Options.
  • C. Create revenue prices in the Euro currency.
  • D. Create source document types specifically for Euro documents.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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

Question #2

A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation. How should you configure Revenue management to ensure that these items are grouped into one performance obligation?

  • A. By defining a Performance Obligation Template.
  • B. By defining a Revenue Item Group
  • C. By defining a Standalone Selling Price Profile.
  • D. By defining a Contact Identification Rule.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

  • A. Unearned Revenue
  • B. your debt to customers for goods and services you are obliged to deliver to them by either party acting
  • C. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
  • D. your invoiced goods and services less those goods and services that you have not yet delivered
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Why Is Satisfaction Method a key element of a Performance Obligation?

  • A. because it determines whether revenue for a good or service is recognized Over Time or Point in Time
  • B. because it calculates the amount of Total Transaction Price allocated to date
  • C. because it calculates the percentage of Total Transaction Price allocated to date
  • D. because it specifies whether revenue has been fully or partially recognized for a good or service
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

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  🗳️

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