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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What two Payment statuses will create a Financial Transaction for a payment?

A) Error
B) Frozen
C) Complete
D) Cancelled
E) Freezable

2. 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 define if a Responsible User is required.
C) They define additional fields to be entered as part of the Case.
D) They control the lifecycle of the Case.
E) They define the template for outgoing letters.

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

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

4. Which option is true about Person to Person relationships?

A) Recursive Person to Person relationships are possible.
B) A Person can only be related to one other Person using a given Relationship Type.
C) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
D) Recursive Person to Person relationships are possible, but only with different Relationship Types.

5. Using Open Item accounting means that ________.

A) payments are held on different Accounts to debt
B) payments are matched to the newest debt
C) payments can be split across multiple Contracts
D) the oldest debt is reduced by Payments
E) payments are matched to specific debts

Solutions: