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

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Exam Code: 1z1-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Jun 03, 2026

Q & A: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which statement is correct about Phantom Bundles?

A) For pricing, the quantities of the services used for the products in the bundle are combined into in overall total that is priced.
B) Pricing is defined at the Bundle level.
C) The ratio of product quantities is used to determine the total quantity for discount purposes.
D) Pricing is not defined at the Bundle level.
E) The ratio of product quantities is used to determine the rate for volume-based pricing.


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


3. Which two options will cause the system to automatically create an appropriate entry in the Disaggregation table?

A) changing the Effective End Date of the Product Pricing assigned to an Account or a Customer
B) assigning a Price List to atransaction
C) assigning a Price List to an Account
D) changing the Effective Start Date of the Product Pricing assigned to an Account or a Customer
E) overriding Effective Pricing for a Product that is assigned to an Account


4. Which step type allows you to invoke another Business Process Assistant (BPA) Script and assumes the original Script has completed execution?

A) Transfer Control
B) Invoke Service Script
C) Perform Script
D) Go To Step
E) Press a Button


5. In an implementation of ORMB, which option indicates the architecture tier where the business rules reside?

A) User Interface Tier
B) Database
C) Web and Application Server
D) Application Server
E) Web Server


Solutions:

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

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