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

2. How can Accounts be linked to Persons?

A) An Account can have a Main Customer and an alternate Customer.
B) Only one Person can be linked to an Account at a time.
C) There is no limit to the number of Contracts that can link a Person to an Account.
D) There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
E) You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.

3. Which option describes the configuration required when a Customer wants to receive three separate bills for separate products?

A) Create three Contracts on the Person's Account.
B) Create three Account/Personrelationships between the Person and the Account with the Receives Copy of Bill flag set.
C) Create Person to Person relationships between the Main Person and two "dummy" Persons.
D) Create three Accounts for the Person.
E) Set the number of Bill Copies on the Account/Person to three.

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

A) A Person can only be related to one other Person using a given Relationship Type.
B) Recursive Person to Person relationships are possible, but only with different Relationship Types.
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.

5. Which entity is Revision Control enabled on?

A) Maintenance Object
B) Portals
C) Both Business and Maintenance Objects
D) Portals and Zones
E) Business Object

Solutions: