Free Oracle 1Z0-1059-26 Exam Questions

Become Oracle Certified with updated 1Z0-1059-26 exam questions and correct answers

Page: 1 / 17

Total 84 Questions | Updated On: Apr 06, 2026

Add To Cart

Question 1

The Contracts Requiring Attention user Interface has three tabs: Pending Review, Pending Allocation, andPending Revenue Recognition.What would cause a contract to be In the Pending Review tab?

A : The total Transaction Price is over the user-defined threshold amount.

B : The contract is missing standalone selling prices at the promised detail level or at obligation level.

C : The contract is missing satisfaction events.

D : The contract is missing Billing data.

Answer: A

Question 2

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 3

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

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 : Wether Dynamic Combination Creation Allowed is enabled

B : The value sets

C : The Query Required option

D : The Displayed option

E : The shape: Same nunmber of segments and order

Answer: A,B

Question 5

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

Page: 1 / 17

Total 84 Questions | Updated On: Apr 06, 2026

Add To Cart