Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
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Oracle 1z1-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Billing and Revenue Processing | - Bill calculation and generation - Billing cycles - Revenue management concepts |
| Payments and Financial Processing | - Payment processing - Collections and refunds - Financial transactions and accounting integration |
| Oracle Revenue Management and Billing Architecture | - Application architecture and components - System configuration concepts - Data model and key entities |
| Customer and Account Management | - Service agreements and contracts - Account and relationship management - Customer lifecycle |
| Pricing and Charge Management | - Rate schedules - Adjustments and exceptions - Pricing configuration |
| Implementation and Administration | - Monitoring, troubleshooting, and deployment - Business objects and algorithms - Batch processing |
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
How can Accounts be linked to Persons?
- A. An Account can have a Main Customer and an alternate Customer.
- B. Only one Person can be linked to an Account at a time.
- C. There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
- D. You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.
- E. There is no limit to the number of Contracts that can link a Person to an Account.
Correct Answer: C 🗳️
Which three options describe alternatives that could be used to make it necessary for a user to enter a reason for the change before changing the status of a Business Object?
- A. Define a user selectable Status Reason value for the lifecycle status.
- B. Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.
- C. Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add an Enter processing Algorithm that checks for the Status Reason.
- D. Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a Required Element option referring to the element on the lifecycle status.
- E. Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a required ="true" attribute on the schema element.
Correct Answer: A,D,E 🗳️
Where should the actual Rate be stored to keep a Rate Schedule most flexible?
- A. on the Customer
- B. on the Bill Factors
- C. on the Rate Components
- D. on the Price Assignment
- E. on the Account
Correct Answer: D 🗳️
In order to map an element that physically resides in a column on a Maintenance Object's primary table to a Business Object schema you would use the schema attribute ______
- A. MapChild
- B. MapPrimTable
- C. MapElement
- D. MapTable
- E. MapField
Correct Answer: B 🗳️
What do ORMB's flexible workflow, business rules, and user interface emphasize?
- A. Personalization
- B. Configuration
- C. Customization
- D. Coding
- E. Single use
Correct Answer: B 🗳️
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