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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which statement describes what happens when an Account is added to an Active Statement Construct?

A) Bills produced for this Account prior to its Start Date in the Statement Detail and after the Statement Construct has been made active will be included in the next Statement.
B) All Bills produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
C) Bills produced for this Account after its Start Date in the Statement Detail will be included only in the next statement if they haven't been included in another statement.
D) Bills produced for this Account prior to its Start Date in the Statement Detail and afterthe last Statement date will be included in the next Statement.
E) Only the latest Bill produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.

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

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

3. Which three statements are correct in reference to Case Type?

A) They define additional fields to be entered as part of the Case.
B) They define multiple initial and final states within the Case's lifecycle.
C) They define if a Responsible User is required.
D) They define the template for outgoing letters.
E) They control the lifecycle of the Case.

4. After a bill has been generated and sent to a customer, a business user may discover an error and will need to correct the charges that were generated.
Which option describes the functionality where canceled and rebilled Bill Segments are presented on a new Bill that must not contain new charges?

A) Debit Notes
B) Credit Notes
C) Cancel/Rebill
D) Correction Notes
E) Off Cycle Bill Generator

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

Solutions: