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Oracle Revenue Management and Billing 2 Implementation Essentials : 1z1-322 Exam

1z1-322 Exam Questions
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: May 28, 2026
  • Q & A: 79 Questions and Answers
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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. The types of debt handling supported in ORMB are _____________.

A) FIFO and Balance Forward
B) Open Item and Current Item
C) Balance Forward only
D) Open Item and Pay-It-Forward
E) Open Item and Balance Forward


2. What is the correct hierarchy for background processing entities?

A) Batch Code, Thread, Batch Run, Execution Instance, Batch Message
B) Batch Run, Batch Code, Batch Message, Execution Instance, Thread
C) Batch Code, Execution Instance, Batch Run, Thread, Batch Message
D) Batch Run, Batch Code, Execution Instance, Batch Message, Thread
E) Batch Control, Batch Run, Thread, Execution Instance, Batch Message


3. How can Account-level information be restricted to a user?

A) setting up Account Management Groups
B) setting up Account Access Groups and Data Access Roles
C) setting up Customer Class
D) setting up Account Relationship Codes
E) through Data Masking


4. Which two are valid sources from which Bill Messages can be retrieved after a Bill is completed?

A) Contract Type
B) Account
C) Account's Customer Class
D) Person
E) Bill Segment Type


5. Which option describes the minimum steps to be performed to assign a PriceList to an account?

A) Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
B) Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
C) Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
D) Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
E) Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account


Solutions:

Question # 1
Answer: C
Question # 2
Answer: E
Question # 3
Answer: C
Question # 4
Answer: B,E
Question # 5
Answer: E

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