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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which two are valid options for breaking an active Payment Arrangement?

A) Cancel the Payment Arrangement.
B) Let the system monitors break the Payment Arrangement.
C) Reduce the number of installments to zero.
D) Create a Transfer Adjustment to move the debt away from the Payment Arrangement.
E) Manually break the Payment Arrangement.

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. Which option is true about Person to Person relationships?

A) Recursive Person to Person relationships are possible, but only with different Relationship Types.
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.

4. Which option identifies the tab(s) on Control Central as a Portal (and not as a fixed page) and allows implementations to configure additional Zones?

A) Account Information only
B) Customer Information only
C) Account Information only and Customer Information
D) Main and Customer Information
E) Main

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

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

Solutions: