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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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

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

2. In what scenario is a Bill Period mode of recurrence typically used?

A) when billing on a monthly basis
B) when billing on an annual basis
C) to generate a bill on a specific date
D) to create a Bill Segments with a specific end-date
E) to create a Bill Segment for the whole month

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

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

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

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

5. What is the correct sequence of steps for adding a new Zone with a non-standard user interface?

A) Create a new XSLT template file; Create Zone; Reference new Zone on Portal or as a context-sensitive Zone or both; Create a new service; Set up Zone Type meta-data
B) Create Zone; Reference new Zone on Portal or as a context-sensitive Zone or both; Create a new service; Create a new XSLT template file; Set up Zone Type meta-data
C) Create Zone; Set up Zone Type meta-data; Create a new service; Create a new XSLT template file; Reference new Zone on Portal or as a context-sensitive Zone or both
D) Create a new service; Create a new XSLT template file; Set up Zone Type meta-data; Create Zone; Reference new Zone on Portal or as a context-sensitive Zone or both
E) Set up Zone Type meta-data; Create Zone; Create a new service;Create a new XSLT template file; Reference new Zone on Portal or as a context-sensitive Zone or both

Solutions: