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Our Oracle Revenue Management and Billing 2 Implementation Essentials Preparation Material provides you everything you will need to take a Oracle Industries 1z0-322 examination. Details are researched and produced by Oracle Certification Experts who are constantly using industry experience to produce precise, and logical.
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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
1. Which two statements are true about Business Object schema inheritance?
A) The Child Business Object must refer to the same Maintenance Object as its parent.
B) The Child Business Objectinherits the parent Business Object's schema.
C) The Child Business Object needs to include its parent's schema in order to refer to it.
D) The Child Business Object can refer to a different Maintenance Object than its parent.
E) The Child Business Object can refer to its parent's Schema but does not inherit it.
2. 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) Installation Options
B) Contract Type
C) Tender Type
D) Customer Class
E) Pay Segment Type
3. Which option is true about Person to Person relationships?
A) Recursive Person to Person relationships are possible.
B) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
C) A Person can only be related to one other Person using a given Relationship Type.
D) Recursive Person to Person relationships are possible, but only with different Relationship Types.
4. Using a base-supplied Algorithm Type, payment distribution priority is typically determined by _________.
A) Customer Class and Contract Type.
B) Debt Age
C) Customer Class and Debt Age.
D) Contract Type's Priority and Debt Age
E) Payment Type and Debt Age.
5. 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 with a Financial Algorithm with a Payoffvalue of 0.
B) Create a Payment Segment Type with a Financial Algorithm with a Payoffvalue of 0.
C) Create a Tender Source and Tender Type with a Financial Algorithmwith a Payoff value of 0.
D) Create a Payment SegmentType and Tender Type with a Financial Algorithmwith a Payoff value of 0.
E) Create a Tender Type with a Financial Algorithmwith a Payoff value of 0.
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: E | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: C |
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