Oracle 1Z0-1059-20 Exam, also known as the Oracle Revenue Management Cloud Service 2020 Implementation Essentials Exam, is a certification exam that tests the skills and knowledge of professionals who are interested in implementing and deploying Oracle Revenue Management Cloud Service 2020. 1Z0-1059-20 exam is designed to validate the expertise of individuals who are responsible for implementing and managing the Oracle Revenue Management Cloud Service 2020 in their organizations. Passing 1Z0-1059-20 exam demonstrates that the candidate has the necessary skills and knowledge to implement Oracle Revenue Management Cloud Service 2020 effectively.
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Oracle 1Z0-1059-20 exam consists of multiple-choice questions and is available in English. 1Z0-1059-20 exam is a 90-minute test, and candidates need to score at least 60% to pass. 1Z0-1059-20 exam covers topics such as configuring revenue contracts, managing revenue sources, managing revenue allocations, managing revenue recognition policies, and managing accounting rules.
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Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Revenue Contracts Management | - Creating and managing revenue contracts - Standalone selling price allocation - Performance obligations identification |
| Topic 2: Setup and Configuration | - Account and contract setup - Revenue management configuration tasks - System setup and prerequisites |
| Topic 3: Revenue Recognition Processing | - Accounting integration and journal entries - Revenue scheduling and recognition events - Revenue allocation rules |
| Topic 4: Reporting and Monitoring | - Revenue dashboards and analytics - Transaction and contract reporting |
| Topic 5: Revenue Management Fundamentals | - Core concepts of revenue recognition (ASC 606 / IFRS 15) - Overview of Oracle Revenue Management Cloud Service (RMCS) |
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