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) Only the latest Bill produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
B) 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.
C) 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.
D) 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.
E) All Bills produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
2. When does the system check a user's access rights when one Business Object invokes another Business Object?
A) Access Rights are optional.
B) Access Rights are checked only for the final Business Object that is invoked.
C) Access Rights are checked for boththe initial andthe final Business Objects that are invoked.
D) Access Rights are checked only for the initial Business Object that is invoked.
E) Access Rights are never checked for Business Objects, only Maintenance Objects.
3. Which option describes the possible sources of the price used to charge for a product on an account?
A) Global PriceList, Customer PriceList, Account PriceList, Customer Agreed Price, Account Agreed Price, Contact Agreed Price
B) Customer PriceList, Acount PriceList, Contract PriceList, Customer Agreed Price, Account Agreed Price, Contract Agreed Price
C) Global PriceList, Customer PriceList, Customer Agreed Price, Account Agreed Price
D) Global PriceList, Customer PriceList, Account PriceList, Customer Agreed Price,Account Agreed Price
E) Global PriceList, Customer PriceList, Account PriceList, Contract PriceList, Customer Agreed Price, Account Agreed Price, Contract Agreed Price
4. Which three Adjustment statuses indicate that Financial Transactions exist for the Adjustment?
A) Error
B) Frozen
C) Freezable
D) Incomplete
E) Canceled
5. After a bill has been generated and sent to a customer, a business user may discover an error and will need to correct the charges that were generated.
Which option describes the functionality where canceled and rebilled Bill Segments are presented on a new Bill that must not contain new charges?
A) Correction Notes
B) Off Cycle Bill Generator
C) Credit Notes
D) Cancel/Rebill
E) Debit Notes
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,D,E | Question # 5 Answer: D |














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