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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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

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

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

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

3. When a child Business Object exists, which option correctly describes access rights?

A) Access Rights are never required for Business Objects, only MaintenanceObjects
B) Access Rights are required for the user at both the parent and child Business Objects levels.
C) Access Rights are required only for the user at the child Business Object level.
D) Access Rights are optional.
E) Access Rights are required only for the user at the parent Business Object level.

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) 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.
D) Recursive Person to Person relationships are possible, but only with different Relationship Types.

5. Which three options are controlled by an Adjustment Type?

A) If a Rate is to be called to calculate an amount
B) Valid Contract Types
C) Defaulting Adjustment amount
D) Valid Adjustment Profiles
E) How an Adjustment appears on a Bill

Solutions: