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Oracle 1z0-322 exam : Oracle Revenue Management and Billing 2 Implementation Essentials
- Exam Code: 1z0-322
- Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
- Updated: Nov 10, 2026
- Q & A: 79 Questions and Answers
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Oracle 1z0-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Billing and Invoicing | - Invoice management
|
| Topic 2: Revenue Recognition | - Revenue accounting principles
|
| Topic 3: Integration and Reporting | - Reporting and analytics
|
| Topic 4: Revenue Management and Billing Fundamentals | - Business processes overview
|
| Topic 5: Configuration and Setup | - Customer and contract setup
|
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
Which three items can be bundled?
- A. Business Objects
- B. Scripts
- C. Fixed Pages
- D. Portals with Zones.
- E. Data linked to tables where the primary key is randomly generated.
Correct Answer: A,B,C π³οΈ
Using a base-supplied Algorithm Type, payment distribution priority is typically determined by _________.
- A. Customer Class and Contract Type.
- B. Payment Type and Debt Age.
- C. Contract Type's Priority and Debt Age
- D. Customer Class and Debt Age.
- E. Debt Age
Correct Answer: C π³οΈ
Which three options describe alternatives that could be used to make it necessary for a user to enter a reason for the change before changing the status of a Business Object?
- A. Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.
- B. Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a Required Element option referring to the element on the lifecycle status.
- C. Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a required ="true" attribute on the schema element.
- D. Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add an Enter processing Algorithm that checks for the Status Reason.
- E. Define a user selectable Status Reason value for the lifecycle status.
Correct Answer: B,C,E π³οΈ
What is the difference between a Service Script and a Plug-in Script?
- A. Service Script allows you to invoke Business Objects while a Plug-in Script does not.
- B. Service Scripts have user-configured input/outputs while Plug-in Scripts have predefined input/outputs.
- C. Service Script executes on the server side while a Plug-in Script does not.
- D. Service Scripts have predefined input/outputs while Plug-in Scripts have user-configured input/outputs.
- E. Service Script has an Edit Data step type and Plug-in Script does not.
Correct Answer: B π³οΈ
If you need to allocate the revenue from financial transactions to different general leger accounts based on the contract type, which option describes the configuration items involved?
- A. Distribution Code, Contract Type, and Rate Component
- B. Contract Type, Rate Component, and Revenue Class
- C. Distribution Code, Contract Type, Rate Component, and Revenue Class
- D. Contract Type, GL Account Algorithm, and Revenue Class
Correct Answer: C π³οΈ
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