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

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How to Prepare For Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Preparation Guide for Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Introduction

Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals.

Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1059-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1059-20 Certification helps a candidate to validates his skills in revenue management of the Oracle cloud services.

In this guide, we will cover the 1z0-1059-20 Exam, 1z0-1059-20 Certified professional salary and all aspects of the 1z0-1059-20 Certification.

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

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Who should take the Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 exam

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 1Z0-1059-20 Exam Syllabus Topics:

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

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