Oracle Revenue Management and Billing 2 Implementation Essentials (1z0-322) Free Practice Test

Question 1

How do you set up a customer in ORMB?

A. Create an Account.

B. Create a Contract.

C. Create a Billable Charge.

D. Create a Person and an Account.

E. Create a Person.

Correct Answer: D

Question 2

Which three options are possible causes for a user not being able to add a Characteristic of a given Characteristic Type against an Account?

A. The value entered for the Characteristic Type doesn't meet the validation rules.

B. The Characteristic Type is not enabled for the Account Entity.

C. The Characteristic Type is not enabled for the Account Entity for the Account's Division.

D. The Characteristic Type is not enabled for the Account's Customer Class.

E. The Characteristic Type is not enabled for the Account's Division.

Correct Answer: A,B,E

Question 3

Which three options are controlled by an Adjustment Type?

A. Valid Contract Types

B. How an Adjustment appears on a Bill

C. Defaulting Adjustment amount

D. If a Rate is to be called to calculate an amount

E. Valid Adjustment Profiles

Correct Answer: B,C,D

Question 4

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. 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.

B. 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.

C. Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.

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. Define a user selectable Status Reason value for the lifecycle status.

Correct Answer: A,D,E

Question 5

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. Character Large Object (CLOB)

C. Basic Large Object (BLOB)

D. Custom child table(s) linked to base package parent tables

E. Characteristics

Correct Answer: C,D

Question 6

Which mapping rule saves a user from mapping data again when multiple elements reside on the same row?

A. RowChild

B. RowRef

C. MapRow

D. RowField

E. RowElement

Correct Answer: E

Question 7

Which option describes the configuration required when a Customer wants to receive three separate bills for separate products?

A. Create three Account/Personrelationships between the Person and the Account with the Receives Copy of Bill flag set.

B. Set the number of Bill Copies on the Account/Person to three.

C. Create Person to Person relationships between the Main Person and two "dummy" Persons.

D. Create three Accounts for the Person.

E. Create three Contracts on the Person's Account.

Correct Answer: A

Question 8

Which two options are valid spots for plug-in logic?

A. Customer Class -Bill Segment Freeze/Cancel

B. Contract Type - Bill Creation

C. Customer Class - Bill Completion

D. Bill Segment Type - Bill Segment Freeze/Cancel

E. Rate Component - Pricing Algorithm

Correct Answer: D,E

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Oracle Revenue Management and Billing 2 Implementation Essentials (1z0-322) Free Practice Test