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Oracle 1z1-322 - Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Jun 01, 2026

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1z1-322 Braindumps VCE
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Older Maintenance Objects are maintained using object maintenance. How are the business objects of newer Maintenance Objects maintained?

A) Data Dictionary
B) ConfigLab
C) Basic Large Object (BLOB)
D) Character Large Object (CLOB)
E) Portal Maintenance


2. Which option is true about Person to Person relationships?

A) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
B) Recursive Person to Person relationships are possible, but only with different Relationship Types.
C) A Person can only be related to one other Person using a given Relationship Type.
D) Recursive Person to Person relationships are possible.


3. The types of debt handling supported in ORMB are _____________.

A) Open Item and Pay-It-Forward
B) Open Item and Balance Forward
C) FIFO and Balance Forward
D) Open Item and Current Item
E) Balance Forward only


4. Which option describes the configuration required when a Customer wants to receive three separate bills for separate products?

A) Set the number of Bill Copies on the Account/Person to three.
B) Create three Accounts for the Person.
C) Create three Contracts on the Person's Account.
D) Create Person to Person relationships between the Main Person and two "dummy" Persons.
E) Create three Account/Personrelationships between the Person and the Account with the Receives Copy of Bill flag set.


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


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: E
Question # 4
Answer: E
Question # 5
Answer: C

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