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Oracle Revenue Management and Billing 2 Implementation Essentials - 1z1-322 real prep

1z1-322
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Oct 14, 2025
  • Q & A: 79 Questions and Answers
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About Oracle 1z1-322: Oracle Revenue Management and Billing 2 Implementation Essentials

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What do ORMB's flexible workflow, business rules, and user interface emphasize?

A) Coding
B) Configuration
C) Customization
D) Single use
E) Personalization


2. 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) Main
D) Main and Customer Information
E) Account Information only and Customer Information


3. 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 ="true" attribute on the schema element.
C) Define a user selectable Status Reason value for the lifecycle status.
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) 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.


4. Which option describes the minimum steps to be performed to assign a PriceList to an account?

A) Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
B) Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
C) Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
D) Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
E) Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account


5. Which mapping rule saves a user from mapping data again when multiple elements reside on the same row?

A) RowField
B) RowElement
C) MapRow
D) RowRef
E) RowChild


Solutions:

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

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