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Oracle 1z1-322 Exam Syllabus Topics:

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Question 1

Which option describes the steps required to ensure a characteristic is provided when a case is first saved, whether it is created manually or by a script?

A. Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the Default flag for the characteristic and a Default Value.
B. Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the RequiredFlag to true, add a Default Value for the characteristic.
C. Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the Default flag for the characteristic.
D. Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the RequiredFlag to true on the Initial State of the Lifecycle.

Question 2

What can cause a Bill Segment to have multiple Bill Calculation Headers?

A. Multiple Rate Versions
B. Proration at Rate Component Level
C. Proration at Bill Factor level
D. Multiple Contrasts being covered by a Bill Segment
E. Multiple Billable Charges associated to one Contract

Question 3

Which three statements are correct in reference to Case Type?

A. They define the template for outgoing letters.
B. They define if a Responsible User is required.
C. They define multiple initial and final states within the Case's lifecycle.
D. They define additional fields to be entered as part of the Case.
E. They control the lifecycle of the Case.

Question 4

Which two are valid sources from which Bill Messages can be retrieved after a Bill is completed?

A. Account's Customer Class
B. Bill Segment Type
C. Contract Type
D. Person
E. Account

Question 5

Which statement is correct about Phantom Bundles?

A. For pricing, the quantities of the services used for the products in the bundle are combined into in overall total that is priced.
B. Pricing is defined at the Bundle level.
C. Pricing is not defined at the Bundle level.
D. The ratio of product quantities is used to determine the total quantity for discount purposes.
E. The ratio of product quantities is used to determine the rate for volume-based pricing.

Solutions: