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

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Sep 08, 2026
  • Q&As: 79 Questions and Answers

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Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Recognition- Revenue reporting
  • 1. Revenue allocation methods
    • 2. Revenue schedules
      - Revenue accounting principles
      • 1. Revenue recognition rules setup
        • 2. Deferred revenue handling
          Topic 2: Billing and Invoicing- Billing execution
          • 1. Bill generation process
            • 2. Bill adjustments and corrections
              - Invoice management
              • 1. Invoice generation and delivery
                • 2. Invoice lifecycle handling
                  Topic 3: Revenue Management and Billing Fundamentals- Business processes overview
                  • 1. Revenue lifecycle flow
                    • 2. Billing lifecycle flow
                      - Core concepts of Oracle Revenue Management and Billing
                      • 1. System architecture overview
                        • 2. Key business objects and entities
                          Topic 4: Configuration and Setup- Product and pricing configuration
                          • 1. Service products setup
                            • 2. Pricing rules and structures
                              - Customer and contract setup
                              • 1. Contract management setup
                                • 2. Account configuration
                                  Topic 5: Integration and Reporting- System integration
                                  • 1. Integration with downstream ERP systems
                                    • 2. Integration with upstream systems
                                      - Reporting and analytics
                                      • 1. Standard reporting tools
                                        • 2. Custom reporting capabilities

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          Question #1

                                          Which two are valid sources from which Bill Messages can be retrieved after a Bill is completed?

                                          • A. Bill Segment Type
                                          • B. Account
                                          • C. Contract Type
                                          • D. Account's Customer Class
                                          • E. Person
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,B  🗳️

                                          Question #2

                                          What is specifically needed to turn an Adjustment into a Transfer Adjustment?

                                          • A. the Generate Adjustment algorithm allows for it
                                          • B. the Adjustment Type needs two Distribution Codes
                                          • C. the Generate Adjustment algorithm allows for it and the user populates the Transfer Adjustment tab
                                          • D. the user populates the Transfer Adjustment tab
                                          • E. the Approval Profile has a debit and credit hierarchy
                                          Reveal Solution  Discussion  0

                                          Correct Answer: D  🗳️

                                          Question #3

                                          If you need to allocate the revenue from financial transactions to different general leger accounts based on the contract type, which option describes the configuration items involved?

                                          • A. Contract Type, GL Account Algorithm, and Revenue Class
                                          • B. Distribution Code, Contract Type, and Rate Component
                                          • C. Distribution Code, Contract Type, Rate Component, and Revenue Class
                                          • D. Contract Type, Rate Component, and Revenue Class
                                          Reveal Solution  Discussion  0

                                          Correct Answer: C  🗳️

                                          Question #4

                                          In order to map an element that physically resides in a column on a Maintenance Object's primary table to a Business Object schema you would use the schema attribute ______

                                          • A. MapChild
                                          • B. MapField
                                          • C. MapElement
                                          • D. MapTable
                                          • E. MapPrimTable
                                          Reveal Solution  Discussion  0

                                          Correct Answer: E  🗳️

                                          Question #5

                                          Which three actions can you perform in a plug-in script?

                                          • A. Invoke a Business Object
                                          • B. Invoke a function
                                          • C. Invoke a map
                                          • D. Invoke a service script
                                          • E. Invoke a Business Service
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,B,E  🗳️

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