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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which two statements are correct about Option Types?

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

2. The types of debt handling supported in ORMB are _____________.

A) FIFO and Balance Forward
B) Open Item and Balance Forward
C) Open Item and Current Item
D) Open Item and Pay-It-Forward
E) Balance Forward only

3. Which two plug-in spots call the Rating functionality through base package-supplied Algorithm Types?

A) Adjustment Type - Adjustment FT Creation
B) Bill Segment Type - Bill Segment FT Creation
C) Billable Charge Template
D) Adjustment Type - Generate
E) Bill Segment Type - Bill Segment Create

4. How can Accounts be linked to Persons?

A) An Account can have a Main Customer and an alternate Customer.
B) Only one Person can be linked to an Account at a time.
C) There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
D) There is no limit to the number of Contracts that can link a Person to an Account.
E) You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.

5. Which option describes the required order of steps to make a new standalone Portal visible to a user?

A) Create an Application Service, grant access to the Application Service to the User, create a Navigation Option, create a Menu Option, create the Portal, link the Menu Option and Application Service to the Portal.
B) Create the Portal,createa Navigation Option, link the Navigation Option to the Portal, grant access to the Application Service to the User.
C) Create an Application Service, create a Navigation Option, create the Portal, link the Menu Option and Application Service to the Portal, grant access to the Application Service to the User
D) Create the Portal, add the Navigation Option to a Menu, grant access to the Application Service to the User
E) Create an Application Service, grant access to the Application Service to the User, create the Portal, link the Application Service to the Portal, create a Navigation Option, link the Navigation Option to the Portal.

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