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

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Aug 31, 2025
  • 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: Aug 31, 2025
  • Q & A: 79 Questions and Answers
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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which two options will cause the system to automatically create an appropriate entry in the Disaggregation table?

A) changing the Effective Start Date of the Product Pricing assigned to an Account or a Customer
B) assigning a Price List to an Account
C) overriding Effective Pricing for a Product that is assigned to an Account
D) changing the Effective End Date of the Product Pricing assigned to an Account or a Customer
E) assigning a Price List to atransaction


2. What can the Web Self Service module be used for?

A) Workflow Management
B) Bill Printing
C) Electronic Bill Presentment and Payment (EBPP)
D) Bill Payment
E) Collections


3. If you need to allocate the revenue from financial transactions to different general leger accounts based on the contract type, which option describes the configuration items involved?

A) Distribution Code, Contract Type, Rate Component, and Revenue Class
B) Contract Type, GL Account Algorithm, and Revenue Class
C) Distribution Code, Contract Type, and Rate Component
D) Contract Type, Rate Component, and Revenue Class


4. Which option describes the steps that allow new custom data fields, that only accept numeric values, to be stored against a Customer?

A) Create a validation Algorithm, define an Adhoc Value Characteristic for the Person entity, and set the Algorithm as the Validation Rule.
B) Define a Predefined Value Characteristic for the Person entity and add the digits 0-9 as Predefined values.
C) Create a Validation Algorithm, define a Lookup to hold the values, and set the Algorithm as the Java Value Name.
D) Create a validation Algorithm, define a Field on the Person table, and set the Algorithm as the Validation Rule.
E) Create a validation Algorithm, define a Field on the Customer table, and then set the Algorithm as the Validation Rule.


5. What specialized version of Maintenance Objects is designed to represent the business?

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


Solutions:

Question # 1
Answer: B,C
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: E
Question # 5
Answer: D

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