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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Where should the actual Rate be stored to keep a Rate Schedule most flexible?

A) on the Price Assignment
B) on the Account
C) on the Customer
D) on the Bill Factors
E) on the Rate Components

2. Which three items can be bundled?

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

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

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

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

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

5. Which two statements are correct about Option Types?

A) For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
B) Option Types allow you to add fields to a BO/State without having to change the database.
C) OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
D) No option types on a Business Object, only Maintenance Objects
E) For multi Option Types,the framework returns the option value "nearest" to the BO.

Solutions: