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Oracle 1z0-322 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Billing Configuration & Processing25%- Billable charges and adjustments
- Rate structure and pricing components
- Bill cycle and bill segment setup
- Bill generation and freeze/cancel
Topic 2: Customer & Account Management18%- Account and Person entities
- Contract types and characteristics
- Customer class and divisions
Topic 3: ORMB Framework & Architecture20%- Background processing and batch control
- Algorithms and plug-in logic
- Framework concepts and components
- UI Maps, Portals and Zones
- Maintenance Objects and Business Objects
Topic 4: Integration & Implementation17%- Business Process Assistant (BPA) scripts
- Implementation best practices
- Business Services and real-time integration
Topic 5: Payment & Financial Management20%- Tender types and payment processing
- Financial transactions and accounting
- Payment arrangements and overdue processing

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. When does the system check a user's access rights when one Business Object invokes another Business Object?

A) Access Rights are never checked for Business Objects, only Maintenance Objects.
B) Access Rights are checked only for the final Business Object that is invoked.
C) Access Rights are optional.
D) Access Rights are checked only for the initial Business Object that is invoked.
E) Access Rights are checked for boththe initial andthe final Business Objects that are invoked.


2. Which three options are controlled by an Adjustment Type?

A) If a Rate is to be called to calculate an amount
B) Defaulting Adjustment amount
C) Valid Adjustment Profiles
D) Valid Contract Types
E) How an Adjustment appears on a Bill


3. If a customer makes a payment for more than what is due for the account, which entity contains the logic for how this overpayment should be handled?

A) Tender Type
B) Installation Options
C) Customer Class
D) Contract Type
E) Pay Segment Type


4. Which option describes the step required to configure a type of payment that will reduce the current balance but not the payoff balance?

A) Create a Tender Source and Tender Type with a Financial Algorithmwith a Payoff value of 0.
B) Create a Tender Type with a Financial Algorithmwith a Payoff value of 0.
C) Create a Payment SegmentType and Tender Type with a Financial Algorithmwith a Payoff value of 0.
D) Create a Tender Source with a Financial Algorithm with a Payoffvalue of 0.
E) Create a Payment Segment Type with a Financial Algorithm with a Payoffvalue of 0.


5. In what scenario is a Bill Period mode of recurrence typically used?

A) to create a Bill Segments with a specific end-date
B) when billing on an annual basis
C) to generate a bill on a specific date
D) to create a Bill Segment for the whole month
E) when billing on a monthly basis


Solutions:

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

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