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Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Revenue Management and Billing Architecture- Data model and key entities
- System configuration concepts
- Application architecture and components
Topic 2: Pricing and Charge Management- Pricing configuration
- Adjustments and exceptions
- Rate schedules
Topic 3: Payments and Financial Processing- Payment processing
- Financial transactions and accounting integration
- Collections and refunds
Topic 4: Customer and Account Management- Account and relationship management
- Service agreements and contracts
- Customer lifecycle
Topic 5: Implementation and Administration- Monitoring, troubleshooting, and deployment
- Business objects and algorithms
- Batch processing
Topic 6: Billing and Revenue Processing- Billing cycles
- Bill calculation and generation
- Revenue management concepts

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Which two are valid options for breaking an active Payment Arrangement?

  • A. Cancel the Payment Arrangement.
  • B. Reduce the number of installments to zero.
  • C. Let the system monitors break the Payment Arrangement.
  • D. Create a Transfer Adjustment to move the debt away from the Payment Arrangement.
  • E. Manually break the Payment Arrangement.
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

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

  • A. Business Element
  • B. Basic Large Object (BLOB)
  • C. Data Area
  • D. Business Object
  • E. Character Large Object (CLOB)
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

How can Account-level information be restricted to a user?

  • A. setting up Account Access Groups and Data Access Roles
  • B. through Data Masking
  • C. setting up Account Relationship Codes
  • D. setting up Customer Class
  • E. setting up Account Management Groups
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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 Tender Source with a Financial Algorithm with a Payoffvalue of 0.
  • D. Create a Payment Segment Type with a Financial Algorithm with a Payoffvalue of 0.
  • E. Create a Payment SegmentType and Tender Type with a Financial Algorithmwith a Payoff value of 0.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Which three events on a Business Object are multi-system events?

  • A. Entry
  • B. Information
  • C. Post Processing
  • D. Audit
  • E. Pre-Processing
Reveal Solution  Discussion  0

Correct Answer: A,B,D  🗳️

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