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Oracle 1z1-322 Exam Syllabus Topics:

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

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Question 1

Which option describes the configuration steps required to allow a user to generate a letter for a customer from the Customer Contact dashboard zone?

A. Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Required Characteristic to the Contact Type for the Letter Type, add a Contact Shorthand to the Contact Type.
B. Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Contact Shorthand to the Contact Type.
C. Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type
D. Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
E. Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.


Question 2

Which three statements are correct in reference to Case Type?

A. They define additional fields to be entered as part of the Case.
B. They define the template for outgoing letters.
C. They define if a Responsible User is required.
D. They define multiple initial and final states within the Case's lifecycle.
E. They control the lifecycle of the Case.


Question 3

What two Payment statuses will create a Financial Transaction for a payment?

A. Freezable
B. Frozen
C. Complete
D. Cancelled
E. Error


Question 4

What is the correct hierarchy for background processing entities?

A. Batch Code, Thread, Batch Run, Execution Instance, Batch Message
B. Batch Control, Batch Run, Thread, Execution Instance, Batch Message
C. Batch Run, Batch Code, Execution Instance, Batch Message, Thread
D. Batch Code, Execution Instance, Batch Run, Thread, Batch Message
E. Batch Run, Batch Code, Batch Message, Execution Instance, Thread


Question 5

Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

A. Bill Factor Value
B. Service Quantity
C. Bill Factor
D. Explicitly Specified
E. Rate Component Value Algorithm


Solutions:

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

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