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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Using a base-supplied Algorithm Type, payment distribution priority is typically determined by _________.

A) Customer Class and Debt Age.
B) Payment Type and Debt Age.
C) Debt Age
D) Contract Type's Priority and Debt Age
E) Customer Class and Contract Type.

2. Which statement describes what happens when an Account is added to an Active Statement Construct?

A) Bills produced for this Account prior to its Start Date in the Statement Detail and after the Statement Construct has been made active will be included in the next Statement.
B) Bills produced for this Account prior to its Start Date in the Statement Detail and afterthe last Statement date will be included in the next Statement.
C) Bills produced for this Account after its Start Date in the Statement Detail will be included only in the next statement if they haven't been included in another statement.
D) Only the latest Bill produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
E) All Bills produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.

3. 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

4. Which is an invalid source of XML schema used in real-time integration?

A) Response Schema
B) Business Service
C) UI Map
D) Business Object
E) Request Schema

5. What do you use to describe a group of tables that hold an object's physical data?

A) Data Area
B) Business Object
C) Maintenance Object
D) Character Large Object (BLOB)
E) Basic Large Object (BLOB)

Solutions: