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

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Exam Code: 1z1-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: May 27, 2026

Q & A: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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


2. Which three statements are correct in reference to Case Type?

A) They define multiple initial and final states within the Case's lifecycle.
B) They define if a Responsible User is required.
C) They define additional fields to be entered as part of the Case.
D) They define the template for outgoing letters.
E) They control the lifecycle of the Case.


3. Which is an invalid way of creating a UI Map?

A) Generate the HTML from a SQL Query
B) Generate Display Only HTML from a schema
C) Duplicate an existing UI Map
D) Generate Input Map HTML from a schema
E) Write the HTML from scratch


4. Which two statements are correct about Option Types?

A) For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
B) For multi Option Types,the framework returns the option value "nearest" to the BO.
C) No option types on a Business Object, only Maintenance Objects
D) Option Types allow you to add fields to a BO/State without having to change the database.
E) OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.


5. Which entity defines the type of collections process to start based on age of debt, amount of debt, and type of customer?

A) Debt Class
B) Collection Class Control
C) Collection Process Template
D) Collection Class
E) Customer Class


Solutions:

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

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