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Topics of Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam
Candidates must know the exam topics before they start of preparation. Our 1z0-1059-20 Dumps will include the following topics:
1. Revenue Management Overview
- Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
- Explain Revenue Management Integration Requirements
2. Standalone Selling Prices
- Setup Revenue Management and configure standalone pricing
3. Revenue Management Reporting
- Explain how to create OTBI reporting objects
- Explain delivered reports uses and processes
4. Revenue Management Setup and Configuration
- Configure Revenue Management Cloud Services
- NOTE: Placeholder for future Objective for another skill under Setup and Config
5. Revenue Contracts
- Manage contracts and Revenue
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The 1z0-1059-20 Exam is ideal for those technical professionals who want to accelerate their knowledge in the revenue management of the Oracle cloud services. There is no such prerequisite for 1z0-1059-20 exam, anyone who having some skillset in cost management of the Oracle cloud services or having an interest in learning how to optimize cost for the Oracle cloud services can prepare for 1z0-1059-20 exam.
Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Certification Path
The 1z0-1059-20 Certification is basic level certification organized by Oracle mainly focussing on revenue management of the Oracle cloud services skillset. There is no prerequisite for this exam.
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Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Revenue Contracts and Performance Obligations | 22% | - Process contract modifications and contingencies - Define and manage performance obligations - Identify customer contracts and manage contract rules |
| Topic 2: Setup and Configuration | 28% | - Set up accounting rules and ledger integration - Define system and application setup requirements - Configure revenue management options and profile values |
| Topic 3: Standalone Selling Prices | 18% | - Manage observed, estimated, and fallback SSP methods - Define and configure SSP profiles - Apply allocation methods for transaction pricing |
| Topic 4: Revenue Management Overview and Principles | 20% | - Explain core revenue recognition standards (ASC 606, IFRS 15) - Describe Revenue Management Cloud architecture and components |
| Topic 5: Integration and Reporting | 12% | - Explain integration requirements with Oracle Cloud ERP and third-party systems - Use delivered reports and OTBI analytics - Create custom reporting objects |
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