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The 1Z0-1059-20 exam you'll sit in 2026 is not the exam from two years ago. ExamPrepAway tracks every Oracle Revenue Management Cloud Service 2020 Implementation Essentials blueprint change and delivers refreshed questions to your member zone, free for 365 days after purchase.

Oracle 1Z0-1059-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management Cloud Service 2020 Implementation Essentials
Exam Number:1Z0-1059-20
Exam Format:Multiple Choice
Real Exam Qty:55
Related Certifications:Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist
Oracle Revenue Management Cloud Service 2025 Implementation Professional
Oracle Revenue Management Cloud Service 2022 Implementation Professional (1Z0-1059-22)
Exam Price:USD 245
Passing Score:64%
Exam Duration:85 minutes
Available Languages:English
Certificate Validity Period:Valid until associated product version retirement (no fixed expiry)
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored exam or Pearson VUE test center
Pre Condition:No formal prerequisites; experience with Oracle Cloud ERP and financial processes recommended
Official Syllabus URL:https://education.oracle.com/oracle-revenue-management-cloud-service-2020-implementation-essentials/pexam_1Z0-1059-20

Oracle 1Z0-1059-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Recognition Operations- Handling contingencies and performance obligations
- Revenue recognition timing and rules
Topic 2: Integration and Setup- Integration requirements with external systems
- System and application setup for Revenue Management
Topic 3: Revenue Contracts and Pricing- Managing customer contracts and data import templates
- Pricing dimensions and allocation methods
Topic 4: Revenue Management Fundamentals- Overview of Oracle Revenue Management Cloud Service
- Revenue principles and IFRS/ASC 606 concepts
Topic 5: Reporting and Analytics- Analyzing key performance metrics and reports
- Using OTBI dashboards for revenue reporting
Topic 6: Standalone Selling Price- Configuring standalone selling price profiles
- Policies for observed and estimated SSPs

Oracle Revenue Management Cloud Service 2020 Implementation Essentials FAQ: Read This Before You Book Your Exam

The 1Z0-1059-20 exam is how Oracle decides who earns the Revenue Management Cloud certification, which sits at the Implementation Specialist level. It measures practical command of the Oracle Revenue Management Cloud Service 2020 Implementation Essentials objectives — the skills you'd actually use on the job — which is why it carries weight with employers in a competitive market. It's also part of a wider certification family that includes Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist, Oracle Revenue Management Cloud Service 2022 Implementation Professional (1Z0-1059-22), Oracle Revenue Management Cloud Service 2025 Implementation Professional, so the effort you invest here keeps paying off as you advance. Candidates do best when they treat the exam as a skills check, not a memory test.

Oracle organizes the Oracle Revenue Management Cloud Service 2020 Implementation Essentials syllabus into 6 domains, opening with Revenue Recognition Operations, Revenue Contracts and Pricing, and Reporting and Analytics. Those weightings are a gift: they tell you where the points concentrate, so you can front-load the domains that decide your score. The full breakdown lives in the exam topics section above — build your study plan around it.

Expect 55 questions within 85 minutes on the Oracle Revenue Management Cloud Service 2020 Implementation Essentials exam. Treat that ratio as a pacing contract: work out your per-question budget now, and during the exam, flag anything that threatens to overrun it and circle back later. Candidates who rehearse this under a real timer — the ExamPrepAway test engine runs one on every mock exam — consistently finish with time to review instead of guessing through the final questions.

You'll need 64% to pass the Oracle Revenue Management Cloud Service 2020 Implementation Essentials exam, and a seat costs USD 245. Since retakes bill the full fee again, the economics are simple: arrive over-prepared. The reliable method is timed self-testing — run ExamPrepAway practice exams until your scores sit clearly above the passing mark across several sessions, then register. You're not buying certainty; you're refusing to pay for the same exam twice.

Oracle lists the Oracle Revenue Management Cloud Service 2020 Implementation Essentials question types as: Multiple Choice. Knowing the list is half the battle; the other half is practicing against each type until its mechanics are boring. For lengthy scenario items, anchor on the actual question sentence before digesting the stem. ExamPrepAway's 73 practice questions cover these formats, so nothing on your screen in the exam room is a first encounter.

The Oracle Revenue Management Cloud Service 2020 Implementation Essentials exam is currently available in English. Pick the language where your reading speed is highest — in a timed exam, comprehension pace quietly decides borderline scores. If you're testing in English, ExamPrepAway's English-language 1Z0-1059-20 practice questions double as drills for the exact terminology Oracle favors.

Passing the Oracle Revenue Management Cloud Service 2020 Implementation Essentials exam earns you a credential that stays valid for Valid until associated product version retirement (no fixed expiry). Put the expiry date somewhere you'll see it — renewal is painless when planned and painful when discovered late. Because Oracle owns the recertification policy and revises it from time to time, check the official certification page well before your renewal window opens.

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Our research team has tracked the Oracle Revenue Management Cloud Service 2020 Implementation Essentials exam for years, and the question bank is revised continuously as Oracle shifts what's tested — not on an annual schedule. Purchases include 365 days of free updates via your member zone, and you can watch for releases through the New Releases section or the ExamPrepAway newsletter. Re-check 3-4 days before your exam date, and if a product ever expires, repurchasing at 50% off restarts the update flow.

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Oracle Revenue Management Cloud Service 2020 Implementation Essentials Sample Questions:

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 should you configure Revenue management to ensure that these items are grouped into one performance obligation?

  • A. By defining a Contact Identification Rule.
  • B. By defining a Standalone Selling Price Profile.
  • C. By defining a Revenue Item Group
  • D. By defining a Performance Obligation Template.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

A Corporation has a business requirement to build a custom Revenue Management report that users could run from the Scheduled Processes page.
Which reporting tool must be used to address this business requirement?

  • A. Oracle Transactional Business Intelligence
  • B. Business Intelligence Publisher
  • C. Reporting Studio
  • D. Smart View
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Which statement does NOT describe how revenue is handled under the latest standards under ASC 606 and IFRS 15?

  • A. You value the accrual at estimated consideration and it is a monetary debt.
  • B. You calculate the liability at inception and book it when either party acts. An Act could be shipping or invoicing.
  • C. You book the invoiced amount to the P&L when you meet the regulatory definition by Industry.
  • D. Liability is a list of goods and services you actually owe to the customers for future satisfaction via transfer.
  • E. 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.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).

Before uploading Estimated Standalone Selling Prices (SSP), you must populate a spreadsheet with some required data.
In addition to the SSP Value (price) and Currency, which two are required?

  • A. Item Identifier
  • B. Performance Obligation Template
  • C. Unit of Measure
  • D. Pricing Dimension
  • E. SSP Type
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).

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