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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What two Payment statuses will create a Financial Transaction for a payment?

A) Frozen
B) Error
C) Complete
D) Cancelled
E) Freezable

2. Which option describes the steps that allow new custom data fields, that only accept numeric values, to be stored against a Customer?

A) Create a validation Algorithm, define an Adhoc Value Characteristic for the Person entity, and set the Algorithm as the Validation Rule.
B) Create a validation Algorithm, define a Field on the Customer table, and then set the Algorithm as the Validation Rule.
C) Create a Validation Algorithm, define a Lookup to hold the values, and set the Algorithm as the Java Value Name.
D) Define a Predefined Value Characteristic for the Person entity and add the digits 0-9 as Predefined values.
E) Create a validation Algorithm, define a Field on the Person table, and set the Algorithm as the Validation Rule.

3. What specialized version of Maintenance Objects is designed to represent the business?

A) Business Element
B) Business Object
C) Basic Large Object (BLOB)
D) Character Large Object (CLOB)
E) Data Area

4. The types of debt handling supported in ORMB are _____________.

A) Open Item and Current Item
B) Open Item and Pay-It-Forward
C) Balance Forward only
D) Open Item and Balance Forward
E) FIFO and Balance Forward

5. Which option describes the configuration steps required to allow a user to generate a letter for a customer from the Customer Contact dashboard zone?

A) Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
B) Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
C) Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type
D) Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Required Characteristic to the Contact Type for the Letter Type, add a Contact Shorthand to the Contact Type.
E) Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Contact Shorthand to the Contact Type.

Solutions: