Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Industries
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Oracle 1z0-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Customer and Account Management | - Customer lifecycle - Account and relationship management - Service agreements and contracts |
| Topic 2: Billing and Revenue Processing | - Revenue management concepts - Billing cycles - Bill calculation and generation |
| Topic 3: Implementation and Administration | - Batch processing - Business objects and algorithms - Monitoring, troubleshooting, and deployment |
| Topic 4: Pricing and Charge Management | - Pricing configuration - Rate schedules - Adjustments and exceptions |
| Topic 5: Oracle Revenue Management and Billing Architecture | - System configuration concepts - Data model and key entities - Application architecture and components |
| Topic 6: Payments and Financial Processing | - Payment processing - Collections and refunds - Financial transactions and accounting integration |
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
Which three options are controlled by an Adjustment Type?
- A. Valid Contract Types
- B. Valid Adjustment Profiles
- C. How an Adjustment appears on a Bill
- D. Defaulting Adjustment amount
- E. If a Rate is to be called to calculate an amount
Correct Answer: C,D,E 🗳️
Which option describes the minimum steps to be performed to assign a PriceList to an account?
- A. Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
- B. Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
- C. Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
- D. Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
- E. Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
Correct Answer: E 🗳️
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In addition to the base package tables/fields, which two options may be used to store additional attributes that may not fit into the base package tables/fields without introducing database changes?
- A. Custom fields on base package tables
- B. Custom child table(s) linked to base package parent tables
- C. Characteristics
- D. Character Large Object (CLOB)
- E. Basic Large Object (BLOB)
Correct Answer: B,E 🗳️
Which mapping rule saves a user from mapping data again when multiple elements reside on the same row?
- A. RowRef
- B. RowChild
- C. RowElement
- D. RowField
- E. MapRow
Correct Answer: C 🗳️
Which two statements are correct about Option Types?
- A. For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
- B. OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
- C. No option types on a Business Object, only Maintenance Objects
- D. For multi Option Types,the framework returns the option value "nearest" to the BO.
- E. Option Types allow you to add fields to a BO/State without having to change the database.
Correct Answer: A,D 🗳️
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