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

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: May 30, 2026
  • Q & A: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which three items can be bundled?

A) Scripts
B) Fixed Pages
C) Data linked to tables where the primary key is randomly generated.
D) Portals with Zones.
E) Business Objects


2. What can the Web Self Service module be used for?

A) Bill Printing
B) Bill Payment
C) Workflow Management
D) Electronic Bill Presentment and Payment (EBPP)
E) Collections


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

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


4. What do ORMB's flexible workflow, business rules, and user interface emphasize?

A) Customization
B) Single use
C) Personalization
D) Coding
E) Configuration


5. Which is Oracle's recommended practice to prevent executing an Algorithm that is plugged in on the parent Business Object lifecycle of a base Business Object?

A) You can delete the Algorithm directly from the parent Business Object.
B) Select the Stop Algorithm option type on the lifecycle of the Business Object and put in the name of the Algorithm.
C) Create a new Business object by copying the existing Business Objectand make the required changes.
D) Select the Inactive Algorithm option type on the Maintenance Object and put in the name of the Algorithm.
E) Select the Inactive Algorithm option type on the lifecycle of the Business Object and put in the name of the Algorithm.


Solutions:

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

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