Oracle 1z1-322 Q&A - in .pdf

  • 1z1-322 pdf
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Oct 09, 2026
  • Q & A: 79 Questions and Answers
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  • Updated: Oct 09, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Oct 09, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuration and Setup- Product and pricing configuration
  • 1. Service products setup
    • 2. Pricing rules and structures
      - Customer and contract setup
      • 1. Account configuration
        • 2. Contract management setup
          Topic 2: Revenue Management and Billing Fundamentals- Business processes overview
          • 1. Revenue lifecycle flow
            • 2. Billing lifecycle flow
              - Core concepts of Oracle Revenue Management and Billing
              • 1. System architecture overview
                • 2. Key business objects and entities
                  Topic 3: Integration and Reporting- System integration
                  • 1. Integration with downstream ERP systems
                    • 2. Integration with upstream systems
                      - Reporting and analytics
                      • 1. Standard reporting tools
                        • 2. Custom reporting capabilities
                          Topic 4: Revenue Recognition- Revenue accounting principles
                          • 1. Revenue recognition rules setup
                            • 2. Deferred revenue handling
                              - Revenue reporting
                              • 1. Revenue allocation methods
                                • 2. Revenue schedules
                                  Topic 5: Billing and Invoicing- Invoice management
                                  • 1. Invoice lifecycle handling
                                    • 2. Invoice generation and delivery
                                      - Billing execution
                                      • 1. Bill generation process
                                        • 2. Bill adjustments and corrections

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          Question #1

                                          Which is an invalid way of creating a UI Map?

                                          • A. Generate the HTML from a SQL Query
                                          • B. Duplicate an existing UI Map
                                          • C. Generate Input Map HTML from a schema
                                          • D. Write the HTML from scratch
                                          • E. Generate Display Only HTML from a schema
                                          Reveal Solution  Discussion  0

                                          Correct Answer: D  🗳️

                                          Question #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.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: B,D  🗳️

                                          Question #3

                                          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. MapElement
                                          • B. MapPrimTable
                                          • C. MapChild
                                          • D. MapTable
                                          • E. MapField
                                          Reveal Solution  Discussion  0

                                          Correct Answer: B  🗳️

                                          Question #4

                                          Which three options are possible causes for a user not being able to add a Characteristic of a given Characteristic Type against an Account?

                                          • A. The Characteristic Type is not enabled for the Account's Division.
                                          • B. The Characteristic Type is not enabled for the Account's Customer Class.
                                          • C. The Characteristic Type is not enabled for the Account Entity.
                                          • D. The value entered for the Characteristic Type doesn't meet the validation rules.
                                          • E. The Characteristic Type is not enabled for the Account Entity for the Account's Division.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,C,D  🗳️

                                          Question #5

                                          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
                                          Reveal Solution  Discussion  0

                                          Correct Answer: E  🗳️

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