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  • Total Questions: 82
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Failing the Oracle Revenue Management Cloud Service 2021 Implementation Essentials exam in 2026 does not just cost time — it means paying the full registration fee a second time. Drilling the 82 practice questions from Fast2test before you sit the 1Z0-1059-21 exam is the cheapest insurance available.

Oracle 1Z0-1059-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2021 Implementation Essentials
Exam Number:1Z0-1059-21
Exam Duration:90 minutes
Exam Format:Multiple Choice
Related Certifications:Oracle Financials Cloud
Oracle ERP Cloud
Certificate Validity Period:Typically 18-24 months or subject to Oracle certification policy updates
Passing Score:64%-65%
Exam Price:USD 245
Available Languages:English
Real Exam Qty:55-60
Recommended Training:Oracle Cloud Learning Subscriptions
Oracle Revenue Management Cloud Service Training
Exam Registration:Oracle Certification Registration
Pearson VUE Oracle Exams
Sample Questions:Oracle 1Z0-1059-21 Sample Questions
Exam Way:Computer-based exam delivered via Pearson VUE (online or test center depending on region)
Pre Condition:Recommended experience with Oracle Financials Cloud and revenue recognition concepts (ASC 606 / IFRS 15).
Official Syllabus URL:https://education.oracle.com/

Oracle 1Z0-1059-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Management Overview- Revenue recognition principles (ASC 606 / IFRS 15)
- Revenue Management architecture and integration
Topic 2: Revenue Contracts Processing- Contract import and source document processing
- Performance obligations and satisfaction rules
- Allocation of transaction price
Topic 3: Accounting and Reporting- Revenue recognition and journal creation
- Subledger Accounting integration
- Reporting and reconciliation
Topic 4: Setup and Configuration- Revenue Management system options
- Contract identification rules
- Performance obligation identification rules
Topic 5: Standalone Selling Price (SSP)- Revenue price profiles
- SSP derivation methods

Oracle 1Z0-1059-21 Exam — Your Questions, Answered

The 1Z0-1059-21 exam, officially titled Oracle Revenue Management Cloud Service 2021 Implementation Essentials, is the Oracle exam you pass to earn the Oracle Certified Implementation Specialist certification, a credential at the Professional level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Oracle Financials Cloud, Oracle ERP Cloud.

The 1Z0-1059-21 exam includes 55-60 questions and gives you 90 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.

The passing score for the 1Z0-1059-21 exam is 64%-65%, and the official registration fee is USD 245. Keep in mind that a failed attempt means paying USD 245 again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.

Oracle lists the following prerequisites or eligibility notes for the 1Z0-1059-21 exam: Recommended experience with Oracle Financials Cloud and revenue recognition concepts (ASC 606 / IFRS 15).. Requirements can change over time, so confirm the details on the official exam page at Oracle's official site before you register.

You can register for the 1Z0-1059-21 exam through the official channels below:

The exam is delivered in the following format: Computer-based exam delivered via Pearson VUE (online or test center depending on region). Choose a date that leaves you enough time to work through the full 82-question practice set first.

Oracle recommends the following training resources for 1Z0-1059-21 candidates:

Official courses build the theory, and the 82 practice questions from Fast2test help you turn that theory into exam-ready speed and accuracy.

Yes. Fast2test offers a free PDF demo of the 1Z0-1059-21 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding 1Z0-1059-21 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

The 1Z0-1059-21 exam blueprint is divided into 5 domains, starting with Revenue Contracts Processing; Revenue Management Overview; Standalone Selling Price (SSP). For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

Oracle Revenue Management Cloud Service 2021 Implementation Essentials Sample Questions:

Question 1

At which level does Oracle Revenue management perform accounting?

A. Performance obligation level
B. Contract level
C. Legal entity level


Question 2

Oracle Revenue Management is part of_____________________predefined offering.

A. Incentive Compensation
B. Fusion Accounting Hub
C. Enterprise Contracts
D. Financials


Question 3

65-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 would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

A. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute
B. By defining a grouping rule on the customer class
C. By defining an exclusion rule to exclude customer classes that are "Retail"
D. By defining an item group and assigning that to the rule
E. By defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute


Question 4

Given your organization's Interactions with one of Its customers:
A consultant is deployed to assist customer on 10-Sep-2017.
A Sales order is booked on 14-Sep-2017.
The Product is shipped on 15-Sep-2017.
An Invoice is issued on 20-Sep-2017.
When do you accrue the contract liability?

A. when the consultant is deployed to assist customer on 10-Sep-2017
B. when the sales order Is booked on 14-Sep-2017
C. when the product is shipped on 15-Sep-2017
D. when an invoice is issued on 20-Sep-2017


Question 5

A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

A. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
C. Run the Calculate Observed Standalone Selling Prices program to derive prices.
D. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.


Solutions:

Question 1
Answer: A
Question 2
Answer: D
Question 3
Answer: E
Question 4
Answer: A
Question 5
Answer: C

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