Oracle 1z1-322 : Oracle Revenue Management and Billing 2 Implementation Essentials

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. 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 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.
B) Define a user selectable Status Reason value for the lifecycle status.
C) 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.
D) Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.
E) 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.

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

3. Where should the actual Rate be stored to keep a Rate Schedule most flexible?

A) on the Customer
B) on the Rate Components
C) on the Account
D) on the Price Assignment
E) on the Bill Factors

4. Which mapping rule saves a user from mapping data again when multiple elements reside on the same row?

A) RowChild
B) RowRef
C) MapRow
D) RowField
E) RowElement

5. Which three options can be used to display a User Interface (UI) map as a part of Business Process Assistant (BPA) Script?

A) Zone
B) Page
C) Pop-Up
D) Business Process Assistant (BPA) Script Area
E) Portal

Solutions: