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Oracle Industries 1z0-322 Braindumps

1z0-322

Exam Code: 1z0-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Aug 18, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-322 Exam Syllabus Topics:

SectionObjectives
Billing and Invoicing- Billing execution
  • 1. Bill adjustments and corrections
    • 2. Bill generation process
      - Invoice management
      • 1. Invoice generation and delivery
        • 2. Invoice lifecycle handling
          Configuration and Setup- Customer and contract setup
          • 1. Contract management setup
            • 2. Account configuration
              - Product and pricing configuration
              • 1. Pricing rules and structures
                • 2. Service products setup
                  Revenue Recognition- Revenue accounting principles
                  • 1. Deferred revenue handling
                    • 2. Revenue recognition rules setup
                      - Revenue reporting
                      • 1. Revenue allocation methods
                        • 2. Revenue schedules
                          Integration and Reporting- System integration
                          • 1. Integration with downstream ERP systems
                            • 2. Integration with upstream systems
                              - Reporting and analytics
                              • 1. Custom reporting capabilities
                                • 2. Standard reporting tools
                                  Revenue Management and Billing Fundamentals- Business processes overview
                                  • 1. Revenue lifecycle flow
                                    • 2. Billing lifecycle flow
                                      - Core concepts of Oracle Revenue Management and Billing
                                      • 1. System architecture overview
                                        • 2. Key business objects and entities

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          1. Which three options are controlled by an Adjustment Type?

                                          A) Valid Contract Types
                                          B) Defaulting Adjustment amount
                                          C) Valid Adjustment Profiles
                                          D) If a Rate is to be called to calculate an amount
                                          E) How an Adjustment appears on a Bill


                                          2. Which two options describe what happens when the last of multiple invoke statements in a script encounters an error?

                                          A) If it is a BPA script, all the steps are committed.
                                          B) If it is a BPA script, all the steps are rolled back.
                                          C) If it is a BPA script, the earlier steps arecommitted and the final step is rolled back.
                                          D) If it is a Service script, the earlier steps are committed and the final step is rolled back.
                                          E) If it is a Service script, all the steps are rolled back.


                                          3. Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

                                          A) Service Quantity
                                          B) Rate Component Value Algorithm
                                          C) Bill Factor Value
                                          D) Explicitly Specified
                                          E) Bill Factor


                                          4. Which is an invalid source of XML schema used in real-time integration?

                                          A) Business Service
                                          B) UI Map
                                          C) Request Schema
                                          D) Business Object
                                          E) Response Schema


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

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


                                          Solutions:

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

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