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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 delivered reports uses and processes
  • Explain how to create OTBI reporting objects

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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Reference: https://education.oracle.com/oracle-revenue-management-cloud-service-2020-implementation-essentials/pexam_1Z0-1059-20

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Introduction to Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam is designed for candidates who have knowledge and skills in revenue management of the Oracle cloud services or candidates who willing to have a strong understanding of revenue and cost management of the Oracle cloud services can go ahead and appear for this exam.

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Oracle 1Z0-1059-20 Exam Syllabus Topics:

SectionObjectives
Revenue Management Fundamentals- Core concepts of revenue recognition (ASC 606 / IFRS 15)
- Overview of Oracle Revenue Management Cloud Service (RMCS)
Reporting and Monitoring- Revenue dashboards and analytics
- Transaction and contract reporting
Revenue Contracts Management- Standalone selling price allocation
- Creating and managing revenue contracts
- Performance obligations identification
Setup and Configuration- System setup and prerequisites
- Account and contract setup
- Revenue management configuration tasks
Revenue Recognition Processing- Accounting integration and journal entries
- Revenue allocation rules
- Revenue scheduling and recognition events

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