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Oracle 1z1-322 Exam Syllabus Topics:

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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

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

2. When is a recurring Billable Charge required to be created?

A) depends on the bill cycle
B) only when a new member is added to the group
C) every time a group is billed
D) once a month

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

4. Which statement is correct about Phantom Bundles?

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

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

A) Rate Component - Pricing Algorithm
B) Customer Class - Bill Completion
C) Contract Type - Bill Creation
D) Customer Class -Bill Segment Freeze/Cancel
E) Bill Segment Type - Bill Segment Freeze/Cancel

Solutions: