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Oracle 1z0-322 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management and Billing 2 Implementation Essentials |
| Exam Number: | 1z0-322 |
| Available Languages: | English |
| Related Certifications: | Oracle Industries Implementation Specialist Oracle Financial Services Certification |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Answer, Multiple Choice |
| Exam Price: | $245 USD |
| Exam Duration: | 105 minutes |
| Real Exam Qty: | 70 - 79 |
| Passing Score: | 63% - 64% |
| Recommended Training: | Functional: Oracle Revenue Management and Billing Learning Path |
| Exam Registration: | Oracle Education Certification Page Oracle MyLearn Registration |
| Sample Questions: | Oracle 1z0-322 Sample Questions |
| Exam Way: | Online proctored via Oracle MyLearn / Onsite at authorized test centers |
| Pre Condition: | No formal prerequisites; recommended 6+ months hands-on experience with Oracle Revenue Management and Billing |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-and-billing-2-implementation-essentials/trackp_1028 |
Oracle 1z0-322 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Customer & Account Management | 18% | - Customer class and divisions - Account and Person entities - Contract types and characteristics |
| Integration & Implementation | 17% | - Business Process Assistant (BPA) scripts - Business Services and real-time integration - Implementation best practices |
| Payment & Financial Management | 20% | - Tender types and payment processing - Financial transactions and accounting - Payment arrangements and overdue processing |
| Billing Configuration & Processing | 25% | - Bill generation and freeze/cancel - Bill cycle and bill segment setup - Billable charges and adjustments - Rate structure and pricing components |
| ORMB Framework & Architecture | 20% | - Background processing and batch control - UI Maps, Portals and Zones - Algorithms and plug-in logic - Maintenance Objects and Business Objects - Framework concepts and components |
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
Question 1
Which option describes the minimum steps to be performed to assign a PriceList to an account?
A. Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
B. Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
C. Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
D. Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
E. Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
Question 2
When setting up pricing for a customer, which option allows you to prevent product prices from parent pricelists being used?
A. the Priority on the Price List Assignment
B. the Apply To flag on the Price Assignment
C. the Ignore flag on the Price Assignment
D. the Inheritance flag on the Price Assignment
E. the Inheritance flag on the Price List Assignment
Question 3
Which two are valid options for breaking an active Payment Arrangement?
A. Manually break the Payment Arrangement.
B. Cancel the Payment Arrangement.
C. Reduce the number of installments to zero.
D. Let the system monitors break the Payment Arrangement.
E. Create a Transfer Adjustment to move the debt away from the Payment Arrangement.
Question 4
Which three statements are true for base package-supplied Maintenance Objects?
A. Core business rules are written in Java.
B. Core business rules can be removed.
C. Core business rules can be changed.
D. Core business rules can be extended.
E. Core business rules are written in COBOL.
Question 5
Which option is true about Person to Person relationships?
A. Recursive Person to Person relationships are possible.
B. A Person can only be related to one other Person using a given Relationship Type.
C. Recursive Person to Person relationships are possible, but only with different Relationship Types.
D. A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: C,E | Question 4 Answer: A,C,D | Question 5 Answer: C |
By Jacqueline
