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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. 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 Contracts that can link a Person to an Account.
D) You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.
E) There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.

2. When a child Business Object exists, which option correctly describes access rights?

A) Access Rights are required for the user at both the parent and child Business Objects levels.
B) Access Rights are required only for the user at the child Business Object level.
C) Access Rights are never required for Business Objects, only MaintenanceObjects
D) Access Rights are required only for the user at the parent Business Object level.
E) Access Rights are optional.

3. Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

A) Explicitly Specified
B) Bill Factor
C) Rate Component Value Algorithm
D) Bill Factor Value
E) Service Quantity

4. Which two are valid options for breaking an active Payment Arrangement?

A) Manually break the Payment Arrangement.
B) Let the system monitors break the Payment Arrangement.
C) Reduce the number of installments to zero.
D) Create a Transfer Adjustment to move the debt away from the Payment Arrangement.
E) Cancel the Payment Arrangement.

5. 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) MapTable
B) MapField
C) MapElement
D) MapChild
E) MapPrimTable

Solutions: