Free Oracle 1D0-1059-25-D Exam Questions

Become Oracle Certified with updated 1D0-1059-25-D exam questions and correct answers

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Total 84 Questions | Updated On: Jun 17, 2026

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Question 1

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 : You value the accrual at estimated consideration and it is a monetary debt.

C : You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.

D : You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.

E : Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.

Answer: A

Question 2

Which three statements about Effective Periods are true?

A : If effective periods are not defined. Revenue Management uses the General Ledger calendar.

B : Effective Periods are used for standalone selling prices and for creating journal entries.

C : Gaps between periods are not allowed.

D : You cannot have overlapping periods.

E : Effective Periods only define the rage where standalone selling prices of an item should be effective.

Answer: A,B,D

Question 3

A furniture store is running a promotion for a toaster with the purchase of a sofa or chair set. Data about the

free toaster is not captured in any upstream application.

How should you handle this scenario In Revenue Management?

A : Ignore the performance obligation for the toaster because it was free of cost to the customer.

B : Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

C : Create the performance obligation for the toaster manually.

D : Define an adhoc rule in the Revenue Price Profile to include the toaster.

Answer: B

Question 4

In order to have Revenue Management calculate Observed Standalone Selling Prices, four steps must be

completed.

Which two are NOT included in the four step process?

A : Close the previous period.

B : Review the calculated OSSP.

C : Categorize standalone sales by performance obligation.

D : Approve the OSSP by establishing it.

E : Run the Calculate Observed Standalone Selling Prices program.

F : Run Create Accounting.

Answer: A,C

Question 5

Given Revenue Management uses the Subledger Accounting engine to create journal entries from customer contracts, which Is NOT a predefined Accounting Class?

A : Contract Asset

B : Contract Price Variance

C : Contract Liability

D : Contract Revenue

E : Contract Expense

F : Contract Clearing

Answer: A

Page: 1 / 17

Total 84 Questions | Updated On: Jun 17, 2026

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