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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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

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

2. What specialized version of Maintenance Objects is designed to represent the business?

A) Business Object
B) Basic Large Object (BLOB)
C) Character Large Object (CLOB)
D) Data Area
E) Business Element

3. Which two statements are correct about Option Types?

A) OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
B) For multi Option Types,the framework returns the option value "nearest" to the BO.
C) No option types on a Business Object, only Maintenance Objects
D) Option Types allow you to add fields to a BO/State without having to change the database.
E) For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.

4. Older Maintenance Objects are maintained using object maintenance. How are the business objects of newer Maintenance Objects maintained?

A) ConfigLab
B) Basic Large Object (BLOB)
C) Data Dictionary
D) Character Large Object (CLOB)
E) Portal Maintenance

5. Which option describes the minimum steps to be performed to assign a PriceList to an account?

A) Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
B) Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
C) Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
D) Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
E) Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account

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