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Oracle 1z1-322 Exam Syllabus Topics:

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

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Question 1

When is a recurring Billable Charge required to be created?

A. depends on the bill cycle
B. once a month
C. only when a new member is added to the group
D. every time a group is billed


Question 2

Which three items can be bundled?

A. Business Objects
B. Portals with Zones.
C. Data linked to tables where the primary key is randomly generated.
D. Scripts
E. Fixed Pages


Question 3

Using Open Item accounting means that ________.

A. the oldest debt is reduced by Payments
B. payments are matched to specific debts
C. payments can be split across multiple Contracts
D. payments are matched to the newest debt
E. payments are held on different Accounts to debt


Question 4

Which two statements are correct about Option Types?

A. For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
B. For multi Option Types,the framework returns the option value "nearest" to the BO.
C. OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
D. Option Types allow you to add fields to a BO/State without having to change the database.
E. No option types on a Business Object, only Maintenance Objects


Question 5

Which two options trigger Bill generation in ORMB?

A. creation of an Adjustment
B. user invocation
C. creation of a Billable Charge
D. Bill Cycle Schedule
E. creation of a Payment


Solutions:

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

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