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Oracle Revenue Management Cloud 2019 Implementation Essentials (1Z1-1059) certification exam is designed for professionals who want to validate their knowledge and skills in implementing and configuring the Oracle Revenue Management Cloud solution. 1Z1-1059 exam is aimed at individuals who have experience working with Oracle Revenue Management Cloud or a similar revenue management solution.
Oracle 1Z1-1059 or the Oracle Revenue Management Cloud 2019 Implementation Essentials certification exam is designed to test the skills and knowledge of professionals who want to become proficient in implementing Oracle Revenue Management Cloud solutions. 1Z1-1059 exam is intended to validate the participant's ability to manage revenue effectively and enhance business performance by optimizing revenue margins, minimizing revenue leakage, and maximizing the revenue stream.
Oracle 1Z1-1059 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Revenue Management Cloud Service 2019 Implementation Essentials |
| Exam Number: | 1Z0-1059 |
| Passing Score: | 64% |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Exam Price: | USD 245 |
| Related Certifications: | Oracle Fusion Revenue Management Cloud Service |
| Certificate Validity Period: | Valid until retired or updated by Oracle |
| Exam Duration: | 105 minutes |
| Recommended Training: | Oracle Revenue Management Cloud Service Implementation Training |
| Exam Registration: | Oracle University Exam Page Pearson VUE Registration |
| Sample Questions: | Oracle 1Z1-1059 Sample Questions |
| Exam Way: | Online proctored or in-person at Pearson VUE authorized centers |
| Pre Condition: | No mandatory prerequisites; recommended: experience with Oracle Financials Cloud and understanding of revenue recognition standards ASC 606 / IFRS 15 |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-cloud-service-2019-implementation-essentials/pexam_1Z0-1059 |
Oracle Revenue Management Cloud enables organizations to automate their revenue management processes and comply with the latest accounting standards. This cloud-based solution offers various features such as contract management, pricing and charging, billing, and revenue recognition. By earning the 1Z1-1059 certification, individuals can demonstrate their understanding of the implementation and configuration of these features.
In addition to demonstrating expertise, the Oracle 1Z1-1059 certification can also help professionals advance their careers. Employers are increasingly looking for candidates who have specific certifications, as they provide a way to validate skills and knowledge. As such, obtaining the Oracle 1Z1-1059 certification can help individuals stand out in a competitive job market.
Oracle 1Z1-1059 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Standalone Selling Prices | 22% | - Define revenue price profiles - Configure standalone selling price methods - Manage price lists and exceptions |
| Revenue Management Overview | 20% | - Revenue principles including ASC 606 and IFRS 15 - Integration requirements with other Oracle Cloud applications |
| Revenue Management Setup and Configuration | 28% | - Configure Revenue Management Cloud Service - Define system options and parameters |
| Revenue Contracts and Performance Obligations | 20% | - Process customer contract source documents - Identify and allocate transaction price - Manage contract modifications |
| Revenue Management Reporting and Analysis | 10% | - Analyze revenue accounting entries - Create custom reports using OTBI - Use delivered reports and dashboards |
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