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Oracle Industries 1z0-322

1z0-322

Exam Code: 1z0-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Sep 05, 2025

Q & A: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which statement is correct about Phantom Bundles?

A) For pricing, the quantities of the services used for the products in the bundle are combined into in overall total that is priced.
B) Pricing is defined at the Bundle level.
C) Pricing is not defined at the Bundle level.
D) The ratio of product quantities is used to determine the total quantity for discount purposes.
E) The ratio of product quantities is used to determine the rate for volume-based pricing.


2. What specialized version of Maintenance Objects is designed to represent the business?

A) Character Large Object (CLOB)
B) Business Object
C) Basic Large Object (BLOB)
D) Data Area
E) Business Element


3. Which architecture tier provides security authentication when logging in to ORMB?

A) WebApplication Server
B) Application Server
C) User Interface Tier
D) Web Server
E) Database


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

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


5. Which option describes the possible sources of the price used to charge for a product on an account?

A) Customer PriceList, Acount PriceList, Contract PriceList, Customer Agreed Price, Account Agreed Price, Contract Agreed Price
B) Global PriceList, Customer PriceList, Account PriceList, Customer Agreed Price, Account Agreed Price, Contact Agreed Price
C) Global PriceList, Customer PriceList, Customer Agreed Price, Account Agreed Price
D) Global PriceList, Customer PriceList, Account PriceList, Customer Agreed Price,Account Agreed Price
E) Global PriceList, Customer PriceList, Account PriceList, Contract PriceList, Customer Agreed Price, Account Agreed Price, Contract Agreed Price


Solutions:

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

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