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: Oct 02, 2026
- Q & A: 79 Questions and Answers
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Oracle 1z1-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Payments and Financial Processing | - Financial transactions and accounting integration - Collections and refunds - Payment processing |
| Implementation and Administration | - Business objects and algorithms - Batch processing - Monitoring, troubleshooting, and deployment |
| Pricing and Charge Management | - Rate schedules - Pricing configuration - Adjustments and exceptions |
| Customer and Account Management | - Account and relationship management - Service agreements and contracts - Customer lifecycle |
| Oracle Revenue Management and Billing Architecture | - System configuration concepts - Application architecture and components - Data model and key entities |
| Billing and Revenue Processing | - Revenue management concepts - Bill calculation and generation - Billing cycles |
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
When does the system check a user's access rights when one Business Object invokes another Business Object?
- A. Access Rights are checked for boththe initial andthe final Business Objects that are invoked.
- B. Access Rights are optional.
- C. Access Rights are checked only for the final Business Object that is invoked.
- D. Access Rights are never checked for Business Objects, only Maintenance Objects.
- E. Access Rights are checked only for the initial Business Object that is invoked.
Correct Answer: E 🗳️
What specialized version of Maintenance Objects is designed to represent the business?
- A. Basic Large Object (BLOB)
- B. Business Element
- C. Business Object
- D. Character Large Object (CLOB)
- E. Data Area
Correct Answer: C 🗳️
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
Correct Answer: B,D 🗳️
How can Account-level information be restricted to a user?
- A. setting up Account Relationship Codes
- B. through Data Masking
- C. setting up Account Management Groups
- D. setting up Account Access Groups and Data Access Roles
- E. setting up Customer Class
Correct Answer: E 🗳️
Which two statements are correct about Option Types?
- A. No option types on a Business Object, only Maintenance Objects
- B. OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
- C. For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
- D. For multi Option Types,the framework returns the option value "nearest" to the BO.
- E. Option Types allow you to add fields to a BO/State without having to change the database.
Correct Answer: C,D 🗳️
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