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Instant Download Oracle : 1z1-322 Questions & Answers as PDF & Test Engine

1z1-322
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Aug 11, 2026
  • No. of Questions: 79 Questions and Answers
  • Download Limit: Unlimited
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Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Configuration and Setup- Customer and contract setup
  • 1. Account configuration
    • 2. Contract management setup
      - Product and pricing configuration
      • 1. Service products setup
        • 2. Pricing rules and structures
          Revenue Management and Billing Fundamentals- Core concepts of Oracle Revenue Management and Billing
          • 1. Key business objects and entities
            • 2. System architecture overview
              - Business processes overview
              • 1. Revenue lifecycle flow
                • 2. Billing lifecycle flow
                  Integration and Reporting- System integration
                  • 1. Integration with downstream ERP systems
                    • 2. Integration with upstream systems
                      - Reporting and analytics
                      • 1. Custom reporting capabilities
                        • 2. Standard reporting tools
                          Billing and Invoicing- Invoice management
                          • 1. Invoice generation and delivery
                            • 2. Invoice lifecycle handling
                              - Billing execution
                              • 1. Bill generation process
                                • 2. Bill adjustments and corrections
                                  Revenue Recognition- Revenue reporting
                                  • 1. Revenue allocation methods
                                    • 2. Revenue schedules
                                      - Revenue accounting principles
                                      • 1. Deferred revenue handling
                                        • 2. Revenue recognition rules setup

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          1. When setting up pricing for a customer, which option allows you to prevent product prices from parent pricelists being used?

                                          A) the Inheritance flag on the Price List Assignment
                                          B) the Priority on the Price List Assignment
                                          C) the Inheritance flag on the Price Assignment
                                          D) the Apply To flag on the Price Assignment
                                          E) the Ignore flag on the Price Assignment


                                          2. Where should the actual Rate be stored to keep a Rate Schedule most flexible?

                                          A) on the Customer
                                          B) on the Price Assignment
                                          C) on the Account
                                          D) on the Rate Components
                                          E) on the Bill Factors


                                          3. Which two options are valid spots for plug-in logic?

                                          A) Customer Class -Bill Segment Freeze/Cancel
                                          B) Bill Segment Type - Bill Segment Freeze/Cancel
                                          C) Rate Component - Pricing Algorithm
                                          D) Contract Type - Bill Creation
                                          E) Customer Class - Bill Completion


                                          4. Which three options can be used to display a User Interface (UI) map as a part of Business Process Assistant (BPA) Script?

                                          A) Portal
                                          B) Page
                                          C) Business Process Assistant (BPA) Script Area
                                          D) Zone
                                          E) Pop-Up


                                          5. What specialized version of Maintenance Objects is designed to represent the business?

                                          A) Business Object
                                          B) Character Large Object (CLOB)
                                          C) Basic Large Object (BLOB)
                                          D) Data Area
                                          E) Business Element


                                          Solutions:

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

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