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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. The calculation for one bill segment relies on information calculated by another bill segment for the same account. How should you do this?

A) Define the billing processing sequence on the Contract Type to control the order in which the Contracts are processed.
B) Define the billing processing sequence on the Rate Schedule to control the order in which the Contracts are processed.
C) Define the billing processing sequence on the Customer Class to control the order in which the Contracts are processed.
D) Define the billing processing sequence on the Bill Segment Type to control the order in which the Bill Segments are processed.
E) Define the billing processing sequence on the Rate Component to control the order in which the Bill Segments are processed.

2. Which three options describe alternatives that could be used to make it necessary for a user to enter a reason for the change before changing the status of a Business Object?

A) Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a Required Element option referring to the element on the lifecycle status.
B) Define a user selectable Status Reason value for the lifecycle status.
C) Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a required ="true" attribute on the schema element.
D) Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add an Enter processing Algorithm that checks for the Status Reason.
E) Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.

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) MapChild
C) MapTable
D) MapField
E) MapPrimTable

4. If you need to allocate the revenue from financial transactions to different general leger accounts based on the contract type, which option describes the configuration items involved?

A) Distribution Code, Contract Type, Rate Component, and Revenue Class
B) Distribution Code, Contract Type, and Rate Component
C) Contract Type, GL Account Algorithm, and Revenue Class
D) Contract Type, Rate Component, and Revenue Class

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

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

Solutions: