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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which statement describes what happens when an Account is added to an Active Statement Construct?

A) Bills produced for this Account after its Start Date in the Statement Detail will be included only in the next statement if they haven't been included in another statement.
B) Bills produced for this Account prior to its Start Date in the Statement Detail and after the Statement Construct has been made active will be included in the next Statement.
C) Only the latest Bill produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
D) All Bills produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
E) Bills produced for this Account prior to its Start Date in the Statement Detail and afterthe last Statement date will be included in the next Statement.

2. Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

A) Rate Component Value Algorithm
B) Service Quantity
C) Bill Factor
D) Bill Factor Value
E) Explicitly Specified

3. Which three Adjustment statuses indicate that Financial Transactions exist for the Adjustment?

A) Incomplete
B) Error
C) Frozen
D) Freezable
E) Canceled

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

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

5. When does the system check a user's access rights when one Business Object invokes another Business Object?

A) Access Rights are checked only for the initial Business Object that is invoked.
B) Access Rights are never checked for Business Objects, only Maintenance Objects.
C) Access Rights are checked only for the final Business Object that is invoked.
D) Access Rights are optional.
E) Access Rights are checked for boththe initial andthe final Business Objects that are invoked.

Solutions: