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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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 an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
B) 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.
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, 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.
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 a Contact Shorthand to the Contact Type.

2. Which two statements are true about Business Object schema inheritance?

A) The Child Business Object can refer to its parent's Schema but does not inherit it.
B) The Child Business Objectinherits the parent Business Object's schema.
C) The Child Business Object can refer to a different Maintenance Object than its parent.
D) The Child Business Object needs to include its parent's schema in order to refer to it.
E) The Child Business Object must refer to the same Maintenance Object as its parent.

3. Using Open Item accounting means that ________.

A) payments are held on different Accounts to debt
B) payments are matched to the newest debt
C) the oldest debt is reduced by Payments
D) payments can be split across multiple Contracts
E) payments are matched to specific debts

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

A) changing the Effective Start 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 End 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

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

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

Solutions: