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Oracle 1z0-322 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management and Billing 2 Implementation Essentials
Exam Number:1Z0-322
Related Certifications:Oracle Revenue Management and Billing 2 Certified Implementation Specialist
Exam Format:Multiple Choice
Available Languages:English
Sample Questions:Oracle 1z0-322 Sample Questions
Exam Way:Pearson VUE testing center or Oracle-authorized online proctored delivery (subject to Oracle availability).
Pre Condition:No formal prerequisite; Oracle recommends implementation experience with Oracle Revenue Management and Billing.
Official Syllabus URL:https://education.oracle.com/certification

Oracle 1z0-322 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payments and Financial Processing- Financial transactions and accounting integration
- Collections and refunds
- Payment processing
Topic 2: Billing and Revenue Processing- Billing cycles
- Revenue management concepts
- Bill calculation and generation
Topic 3: Customer and Account Management- Customer lifecycle
- Account and relationship management
- Service agreements and contracts
Topic 4: Implementation and Administration- Monitoring, troubleshooting, and deployment
- Business objects and algorithms
- Batch processing
Topic 5: Pricing and Charge Management- Adjustments and exceptions
- Rate schedules
- Pricing configuration
Topic 6: Oracle Revenue Management and Billing Architecture- Data model and key entities
- Application architecture and components
- System configuration concepts

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Question #1

In order to map an element that physically resides in a column on a Maintenance Object's primary table to a Business Object schema you would use the schema attribute ______

  • A. MapChild
  • B. MapField
  • C. MapElement
  • D. MapTable
  • E. MapPrimTable
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #2

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 Transition Condition of Status Reason on the Next Status settings that refer to that status.
  • 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 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.
  • D. Define a user selectable Status Reason value for the lifecycle status.
  • E. 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.
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Question #3

When does the system check a user's access rights when one Business Object invokes another Business Object?

  • A. Access Rights are checked for boththe initial andthe final Business Objects that are invoked.
  • B. Access Rights are optional.
  • C. Access Rights are checked only for the final Business Object that is invoked.
  • D. Access Rights are checked only for the initial Business Object that is invoked.
  • E. Access Rights are never checked for Business Objects, only Maintenance Objects.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

Which option describes the required order of steps to make a new standalone Portal visible to a user?

  • A. Create an Application Service, create a Navigation Option, create the Portal, link the Menu Option and Application Service to the Portal, grant access to the Application Service to the User
  • B. Create an Application Service, grant access to the Application Service to the User, create the Portal, link the Application Service to the Portal, create a Navigation Option, link the Navigation Option to the Portal.
  • C. Create the Portal,createa Navigation Option, link the Navigation Option to the Portal, grant access to the Application Service to the User.
  • D. Create the Portal, add the Navigation Option to a Menu, grant access to the Application Service to the User
  • E. Create an Application Service, grant access to the Application Service to the User, create a Navigation Option, create a Menu Option, create the Portal, link the Menu Option and Application Service to the Portal.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Which option describes the step required to configure a type of payment that will reduce the current balance but not the payoff balance?

  • A. Create a Tender Type with a Financial Algorithmwith a Payoff value of 0.
  • B. Create a Tender Source and Tender Type with a Financial Algorithmwith a Payoff value of 0.
  • C. Create a Payment SegmentType and Tender Type with a Financial Algorithmwith a Payoff value of 0.
  • D. Create a Payment Segment Type with a Financial Algorithm with a Payoffvalue of 0.
  • E. Create a Tender Source with a Financial Algorithm with a Payoffvalue of 0.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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