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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 afterthe last Statement date will be included in the next Statement.
B) Only the latest Bill 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 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.
D) 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.
E) All Bills produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.

2. The types of debt handling supported in ORMB are _____________.

A) Open Item and Current Item
B) Balance Forward only
C) FIFO and Balance Forward
D) Open Item and Pay-It-Forward
E) Open Item and Balance Forward

3. Which three items can be bundled?

A) Scripts
B) Business Objects
C) Fixed Pages
D) Data linked to tables where the primary key is randomly generated.
E) Portals with Zones.

4. How can Accounts be linked to Persons?

A) Only one Person can be linked to an Account at a time.
B) There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
C) There is no limit to the number of Contracts that can link a Person to an Account.
D) An Account can have a Main Customer and an alternate Customer.
E) You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.

5. In what scenario is a Bill Period mode of recurrence typically used?

A) when billing on a monthly basis
B) to create a Bill Segments with a specific end-date
C) to create a Bill Segment for the whole month
D) when billing on an annual basis
E) to generate a bill on a specific date

Solutions: