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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What do ORMB's flexible workflow, business rules, and user interface emphasize?

A) Configuration
B) Customization
C) Personalization
D) Coding
E) Single use

2. Which two statements are true about Business Object schema inheritance?

A) The Child Business Object needs to include its parent's schema in order to refer to it.
B) The Child Business Objectinherits the parent Business Object's schema.
C) The Child Business Object can refer to a different Maintenance Object than its parent.
D) The Child Business Object must refer to the same Maintenance Object as its parent.
E) The Child Business Object can refer to its parent's Schema but does not inherit it.

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

4. Which option describes the possible sources of the price used to charge for a product on an account?

A) Global PriceList, Customer PriceList, Customer Agreed Price, Account Agreed Price
B) Global PriceList, Customer PriceList, Account PriceList, Contract PriceList, Customer Agreed Price, Account Agreed Price, Contract Agreed Price
C) Customer PriceList, Acount PriceList, Contract PriceList, Customer Agreed Price, Account Agreed Price, Contract Agreed Price
D) Global PriceList, Customer PriceList, Account PriceList, Customer Agreed Price, Account Agreed Price, Contact Agreed Price
E) Global PriceList, Customer PriceList, Account PriceList, Customer Agreed Price,Account Agreed Price

5. Which is Oracle's recommended practice to prevent executing an Algorithm that is plugged in on the parent Business Object lifecycle of a base Business Object?

A) Select the Stop Algorithm option type on the lifecycle of the Business Object and put in the name of the Algorithm.
B) Select the Inactive Algorithm option type on the Maintenance Object and put in the name of the Algorithm.
C) You can delete the Algorithm directly from the parent Business Object.
D) Create a new Business object by copying the existing Business Objectand make the required changes.
E) Select the Inactive Algorithm option type on the lifecycle of the Business Object and put in the name of the Algorithm.

Solutions: