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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. When a child Business Object exists, which option correctly describes access rights?

A) Access Rights are required for the user at both the parent and child Business Objects levels.
B) Access Rights are never required for Business Objects, only MaintenanceObjects
C) Access Rights are optional.
D) Access Rights are required only for the user at the parent Business Object level.
E) Access Rights are required only for the user at the child Business Object level.

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

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

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

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

4. Which status does not allow a bundle to be reopened?

A) Pending
B) Bundled
C) Applied
D) Cancelled

5. What is specifically needed to turn an Adjustment into a Transfer Adjustment?

A) the Adjustment Type needs two Distribution Codes
B) the Approval Profile has a debit and credit hierarchy
C) the Generate Adjustment algorithm allows for it and the user populates the Transfer Adjustment tab
D) the user populates the Transfer Adjustment tab
E) the Generate Adjustment algorithm allows for it

Solutions: