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Oracle 1z1-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Configuration and Setup | - Customer and contract setup
|
| Revenue Management and Billing Fundamentals | - Core concepts of Oracle Revenue Management and Billing
|
| Billing and Invoicing | - Billing execution
|
| Revenue Recognition | - Revenue accounting principles
|
| Integration and Reporting | - System integration
|
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
1. What can the Web Self Service module be used for?
A) Electronic Bill Presentment and Payment (EBPP)
B) Workflow Management
C) Collections
D) Bill Printing
E) Bill Payment
2. What can cause a Bill Segment to have multiple Bill Calculation Headers?
A) Proration at Bill Factor level
B) Proration at Rate Component Level
C) Multiple Contrasts being covered by a Bill Segment
D) Multiple Billable Charges associated to one Contract
E) Multiple Rate Versions
3. How can Accounts be linked to Persons?
A) You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.
B) Only one Person can be linked to an Account at a time.
C) An Account can have a Main Customer and an alternate Customer.
D) There is no limit to the number of Contracts that can link a Person to an Account.
E) There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
4. 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 RequiredFlag to true, add a Default Value for the characteristic.
B) 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.
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 Default flag for the characteristic and a Default Value.
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) The ratio of product quantities is used to determine the rate for volume-based pricing.
C) Pricing is not defined at the Bundle level.
D) Pricing is defined at the Bundle level.
E) The ratio of product quantities is used to determine the total quantity for discount purposes.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: E | Question # 3 Answer: E | Question # 4 Answer: B | Question # 5 Answer: E |



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