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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which option describes the steps required to ensure a characteristic is provided when a case is first saved, whether it is created manually or by a script?

A) Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the Default flag for the characteristic.
B) Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the Default flag for the characteristic and a Default Value.
C) Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the RequiredFlag to true on the Initial State of the Lifecycle.
D) Create a Characteristic Type for the Case entity, add the characteristic as a Case Type characteristic, set the RequiredFlag to true, add a Default Value for the characteristic.

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

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

3. In what scenario is a Bill Period mode of recurrence typically used?

A) when billing on an annual basis
B) to create a Bill Segments with a specific end-date
C) to create a Bill Segment for the whole month
D) to generate a bill on a specific date
E) when billing on a monthly basis

4. Which option describes the objects to be configured to limit a user's access to selected accounts?

A) an Account Management Group, a Data Access Group, a Data Role, and a User Group
B) an Account Management Group, a Data Access Group, a Data Role
C) a Data Access Group and a Data Role
D) an Account Management Group and a User Group
E) a Data Access Group, a Data Role, and a User Group

5. For open item Accounts, which two Financial Transaction Types will never be swept onto a Bill?

A) Bill Segments
B) Bill Segment Cancellations
C) Payment Segments
D) Adjustments
E) Payment Segment Cancellations

Solutions: