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Oracle 1z0-322 Exam Syllabus Topics:

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

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          1. Which entity is Revision Control enabled on?

                                          A) Both Business and Maintenance Objects
                                          B) Portals
                                          C) Business Object
                                          D) Portals and Zones
                                          E) Maintenance Object


                                          2. An implementation has plugged in a monitor Algorithm on a Business Object. What must be used if you do not want the Algorithm to be executed?

                                          A) Cancel Monitoring
                                          B) No Monitoring
                                          C) Hold Monitoring
                                          D) Stop Monitoring
                                          E) Deferred Monitoring


                                          3. Which option describes the steps that allow new custom data fields, that only accept numeric values, to be stored against a Customer?

                                          A) Create a validation Algorithm, define an Adhoc Value Characteristic for the Person entity, and set the Algorithm as the Validation Rule.
                                          B) Create a Validation Algorithm, define a Lookup to hold the values, and set the Algorithm as the Java Value Name.
                                          C) Create a validation Algorithm, define a Field on the Customer table, and then set the Algorithm as the Validation Rule.
                                          D) Create a validation Algorithm, define a Field on the Person table, and set the Algorithm as the Validation Rule.
                                          E) Define a Predefined Value Characteristic for the Person entity and add the digits 0-9 as Predefined values.


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

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


                                          5. Which three statements are correct in reference to Case Type?

                                          A) They define additional fields to be entered as part of the Case.
                                          B) They control the lifecycle of the Case.
                                          C) They define if a Responsible User is required.
                                          D) They define multiple initial and final states within the Case's lifecycle.
                                          E) They define the template for outgoing letters.


                                          Solutions:

                                          Question # 1
                                          Answer: D
                                          Question # 2
                                          Answer: C
                                          Question # 3
                                          Answer: C
                                          Question # 4
                                          Answer: B
                                          Question # 5
                                          Answer: A,B,D

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