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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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

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

2. Which entity defines the type of collections process to start based on age of debt, amount of debt, and type of customer?

A) Collection Class
B) Collection Process Template
C) Debt Class
D) Customer Class
E) Collection Class Control

3. How can Accounts be linked to Persons?

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

4. Which architecture tier provides security authentication when logging in to ORMB?

A) Database
B) User Interface Tier
C) Web Server
D) WebApplication Server
E) Application Server

5. If a customer makes a payment for more than what is due for the account, which entity contains the logic for how this overpayment should be handled?

A) Customer Class
B) Tender Type
C) Contract Type
D) Pay Segment Type
E) Installation Options

Solutions: