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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 Management Integration Requirements
- Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
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
- NOTE: Placeholder for future Objective for another skill under Setup and Config
- Configure Revenue Management Cloud Services
5. Revenue Contracts
- Manage contracts and Revenue
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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 | Objectives |
|---|---|
| Revenue Recognition Processing | - Revenue allocation rules - Revenue scheduling and recognition events - Accounting integration and journal entries |
| Setup and Configuration | - System setup and prerequisites - Revenue management configuration tasks - Account and contract setup |
| Revenue Contracts Management | - Performance obligations identification - Creating and managing revenue contracts - Standalone selling price allocation |
| Revenue Management Fundamentals | - Overview of Oracle Revenue Management Cloud Service (RMCS) - Core concepts of revenue recognition (ASC 606 / IFRS 15) |
| Reporting and Monitoring | - Transaction and contract reporting - Revenue dashboards and analytics |
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