Oracle 1z1-322 Q&A - in .pdf

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Sep 09, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-322 Q&A - Testing Engine

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Sep 09, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-322 Exam Syllabus Topics:

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

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Question #1

Which option describes the minimum steps to be performed to assign a PriceList to an account?

  • A. Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
  • B. Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
  • C. Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
  • D. Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
  • E. Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

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 on the Initial State of the Lifecycle.
  • B. 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.
  • 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 RequiredFlag to true, add a Default Value for the characteristic.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Which option identifies the tab(s) on Control Central as a Portal (and not as a fixed page) and allows implementations to configure additional Zones?

  • A. Main
  • B. Main and Customer Information
  • C. Account Information only and Customer Information
  • D. Account Information only
  • E. Customer Information only
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

Which two options describe what happens when the last of multiple invoke statements in a script encounters an error?

  • A. If it is a Service script, the earlier steps are committed and the final step is rolled back.
  • B. If it is a BPA script, all the steps are rolled back.
  • C. If it is a BPA script, the earlier steps arecommitted and the final step is rolled back.
  • D. If it is a Service script, all the steps are rolled back.
  • E. If it is a BPA script, all the steps are committed.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #5

Which step type allows you to invoke another Business Process Assistant (BPA) Script and assumes the original Script has completed execution?

  • A. Invoke Service Script
  • B. Press a Button
  • C. Perform Script
  • D. Transfer Control
  • E. Go To Step
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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