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Oracle 1z0-322

1z0-322

Exam Code: 1z0-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Jan 06, 2025

Q&A Number: 79 Q&As

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which three statements are true for base package-supplied Maintenance Objects?

A) Core business rules are written in Java.
B) Core business rules are written in COBOL.
C) Core business rules can be extended.
D) Core business rules can be changed.
E) Core business rules can be removed.


2. The calculation for one bill segment relies on information calculated by another bill segment for the same account. How should you do this?

A) Define the billing processing sequence on the Customer Class to control the order in which the Contracts are processed.
B) Define the billing processing sequence on the Bill Segment Type to control the order in which the Bill Segments are processed.
C) Define the billing processing sequence on the Rate Schedule to control the order in which the Contracts are processed.
D) Define the billing processing sequence on the Contract Type to control the order in which the Contracts are processed.
E) Define the billing processing sequence on the Rate Component to control the order in which the Bill Segments are processed.


3. What do ORMB's flexible workflow, business rules, and user interface emphasize?

A) Configuration
B) Single use
C) Customization
D) Coding
E) Personalization


4. Which option describes the steps that allow new custom data fields, that only accept numeric values, to be stored against a Customer?

A) Create a validation Algorithm, define an Adhoc Value Characteristic for the Person entity, and set the Algorithm as the Validation Rule.
B) Create a Validation Algorithm, define a Lookup to hold the values, and set the Algorithm as the Java Value Name.
C) Define a Predefined Value Characteristic for the Person entity and add the digits 0-9 as Predefined values.
D) Create a validation Algorithm, define a Field on the Customer table, and then set the Algorithm as the Validation Rule.
E) Create a validation Algorithm, define a Field on the Person table, and set the Algorithm as the Validation Rule.


5. How do you set up a customer in ORMB?

A) Create a Person and an Account.
B) Create a Person.
C) Create an Account.
D) Create a Billable Charge.
E) Create a Contract.


Solutions:

Question # 1
Answer: A,C,D
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: A

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