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1z0-1059-20 Certification is one of the basic levels of certification in the Oracle cloud. It's been mainly designed for those individuals who are coming from a revenue management system background and willing to upskill in the Oracle cloud. For the experienced revenue management system individual, this exam would be very easy but for the one who is not having much experience for them, 1z0-1059-20 Certification can be a challenging one. Candidate can easily get through with the 1z0-1059-20 Exam provided the candidates have proper study material, going through the right study material is very important if candidates want to crack this exam. Real4test had designed their exam dumps focussing entire course contents of this certification. Real4test are sure about the exactness and legitimacy of 1z0-1059-20 exam dumps as this has been written by Oracle certified professional and they keep on updating it regularly which would be helping participants to get through with 1z0-1059-20 exam.
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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 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
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.
Oracle 1Z0-1059-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Contracts Management | - Creating and managing revenue contracts - Performance obligations identification - Standalone selling price allocation |
| Revenue Management Fundamentals | - Overview of Oracle Revenue Management Cloud Service (RMCS) - Core concepts of revenue recognition (ASC 606 / IFRS 15) |
| Revenue Recognition Processing | - Revenue scheduling and recognition events - Accounting integration and journal entries - Revenue allocation rules |
| Reporting and Monitoring | - Transaction and contract reporting - Revenue dashboards and analytics |
| Setup and Configuration | - Account and contract setup - Revenue management configuration tasks - System setup and prerequisites |
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