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Oracle 1z0-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Payments and Financial Processing | - Payment processing - Collections and refunds - Financial transactions and accounting integration |
| Billing and Revenue Processing | - Bill calculation and generation - Billing cycles - Revenue management concepts |
| Customer and Account Management | - Service agreements and contracts - Account and relationship management - Customer lifecycle |
| Implementation and Administration | - Business objects and algorithms - Monitoring, troubleshooting, and deployment - Batch processing |
| Oracle Revenue Management and Billing Architecture | - System configuration concepts - Application architecture and components - Data model and key entities |
| Pricing and Charge Management | - Adjustments and exceptions - Pricing configuration - Rate schedules |
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
What two Payment statuses will create a Financial Transaction for a payment?
- A. Error
- B. Complete
- C. Frozen
- D. Freezable
- E. Cancelled
Correct Answer: A,C 🗳️
Which three statements are correct in reference to Case Type?
- A. They define multiple initial and final states within the Case's lifecycle.
- B. They control the lifecycle of the Case.
- C. They define the template for outgoing letters.
- D. They define if a Responsible User is required.
- E. They define additional fields to be entered as part of the Case.
Correct Answer: A,B,E 🗳️
When is a recurring Billable Charge required to be created?
- A. once a month
- B. depends on the bill cycle
- C. every time a group is billed
- D. only when a new member is added to the group
Correct Answer: B 🗳️
Which statement is correct about Phantom Bundles?
- A. The ratio of product quantities is used to determine the total quantity for discount purposes.
- B. For pricing, the quantities of the services used for the products in the bundle are combined into in overall total that is priced.
- C. Pricing is not defined at the Bundle level.
- D. Pricing is defined at the Bundle level.
- E. The ratio of product quantities is used to determine the rate for volume-based pricing.
Correct Answer: A 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
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. Credit Notes
- B. Correction Notes
- C. Cancel/Rebill
- D. Debit Notes
- E. Off Cycle Bill Generator
Correct Answer: C 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).




