Oracle Revenue Management Cloud Service 2020 Implementation Essentials : 1Z0-1059-20

  • Exam Code: 1Z0-1059-20
  • Exam Name: Oracle Revenue Management Cloud Service 2020 Implementation Essentials
  • Updated: Oct 31, 2026
  • Q & A: 73 Questions and Answers

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Oracle 1Z0-1059-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2020 Implementation Essentials
Exam Number:1Z0-1059-20
Certificate Validity Period:Valid until associated product version retirement (no fixed expiry)
Exam Format:Multiple Choice
Real Exam Qty:55
Related Certifications:Oracle Revenue Management Cloud Service 2022 Implementation Professional (1Z0-1059-22)
Oracle Revenue Management Cloud Service 2025 Implementation Professional
Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist
Exam Price:USD 245
Exam Duration:85 minutes
Passing Score:64%
Available Languages:English
Sample Questions:Free Download 1Z0-1059-20 valid vce
Exam Way:Online proctored exam or Pearson VUE test center
Pre Condition:No formal prerequisites; experience with Oracle Cloud ERP and financial processes recommended
Official Syllabus URL:https://education.oracle.com/oracle-revenue-management-cloud-service-2020-implementation-essentials/pexam_1Z0-1059-20

Oracle 1Z0-1059-20 Exam Syllabus Topics:

SectionObjectives
Revenue Management Fundamentals- Revenue principles and IFRS/ASC 606 concepts
- Overview of Oracle Revenue Management Cloud Service
Reporting and Analytics- Analyzing key performance metrics and reports
- Using OTBI dashboards for revenue reporting
Integration and Setup- Integration requirements with external systems
- System and application setup for Revenue Management
Revenue Contracts and Pricing- Pricing dimensions and allocation methods
- Managing customer contracts and data import templates
Revenue Recognition Operations- Handling contingencies and performance obligations
- Revenue recognition timing and rules
Standalone Selling Price- Configuring standalone selling price profiles
- Policies for observed and estimated SSPs

Before You Take the Oracle 1Z0-1059-20 Exam: Key FAQs

Registering for the 1Z0-1059-20 exam costs USD 245 at the official rate, and you need 64% to pass. Bear in mind that an unsuccessful attempt is not discounted the second time around — a retake is charged at the full fee again. That is why experienced candidates test themselves with the 73 practice questions from ValidVCE until their results are consistently strong before spending money on the real thing.

Yes, and we encourage it. A free PDF demo of the 1Z0-1059-20 questions is available so you can evaluate the quality and layout before buying. After purchase, your material stays current with 365 days of free updates — and if that period ever expires, you can extend the update service at a 50% discount through your member zone.

You will face 55 questions within a time allowance of 85 minutes. Raw numbers aside, the real skill is pacing: candidates who run out of time usually spent too long on early questions. Our advice is to set a mental per-question budget, skip and revisit anything that stalls you, and complete at least two full timed runs in the ValidVCE test engine before the real appointment so the clock never rattles you.

Both situations are covered. Take the corresponding 1Z0-1059-20 exam within 60 days of purchase without passing, and you may claim a full refund under our 100% Money Back Guarantee: submit a scanned exam enrollment slip plus the official Score Report PDF within 2 days of your exam date, and we finish processing within 7 days. The conditions are strict — an exam taken within 3 days of purchase does not qualify, the candidate's name must match the payer's, and free materials or expired orders are excluded. Would you rather keep studying? Swap the order for two other exam products of equal value free of charge while keeping updates on your original purchase. As for delivery, it is immediate: files unlock for download the moment payment clears, a copy reaches your mailbox within a minute, and there is no cap on how many computers you install it on — if 2 hours pass with nothing received, contact our support team.

Passing the 1Z0-1059-20 exam earns you the Revenue Management Cloud certification, a Implementation Specialist-level credential. It is the vendor's official proof that your skills meet the standard employers look for, and it regularly appears as a requirement in job postings. The certification also relates to Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist, Oracle Revenue Management Cloud Service 2022 Implementation Professional (1Z0-1059-22), Oracle Revenue Management Cloud Service 2025 Implementation Professional, so it can anchor a broader certification plan rather than stand alone.

No formal prerequisites; experience with Oracle Cloud ERP and financial processes recommended Because vendors revise their eligibility rules from time to time, treat this as a starting point and verify the latest requirements on the official exam page — see the official 1Z0-1059-20 exam outline before you commit to a test date.

The vendor organizes the Oracle Revenue Management Cloud Service 2020 Implementation Essentials blueprint into 6 domains, led by Standalone Selling Price, Revenue Contracts and Pricing, Revenue Recognition Operations. Every domain contains further subtopics, and the weighting tells you where your study hours pay off most — the full outline above has the complete picture, so review it before building your study plan.

Oracle Revenue Management Cloud Service 2020 Implementation Essentials 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. Create source document types specifically for Euro documents.
  • B. Populate Conversion Rate Type in System Options.
  • C. Create revenue prices in the Euro currency.
  • D. Populate exchange rates in Revenue Price Profile.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

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

Correct Answer: B  🗳️

Question #3

Given you can optionally use pricing bands to create standalone selling prices, which setting enables you to use pricing bands?

  • A. when a pricing dimension structure Instance Is enabled for pricing bands
  • B. when a value set segment label of Set Band is used
  • C. when a source document type is enabled to use pricing bands
  • D. when a pricing dimension structure is enabled for pricing bands
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

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

  • A. You value the accrual at estimated consideration and it is a monetary debt.
  • B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
  • C. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
  • D. 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.
  • E. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

After defining a pricing dimension structure for a customer, you must define a pricing dimension structure instance.
Which two attributes on the structure instance are inherited from the structure definition?

  • A. the Query Required option
  • B. the Displayed option
  • C. the value sets
  • D. the shape: Same number of segments and order
  • E. whether Dynamic Combination Creation Allowed is enabled
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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