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Oracle 1z1-322

1z1-322

Exam Code: 1z1-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: May 27, 2026

Q & A: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. 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 ="true" attribute on the schema element.
B) 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.
C) 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.
D) Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.
E) Define a user selectable Status Reason value for the lifecycle status.


2. Which status does not allow a bundle to be reopened?

A) Bundled
B) Pending
C) Applied
D) Cancelled


3. Which three actions can you perform in a plug-in script?

A) Invoke a Business Service
B) Invoke a service script
C) Invoke a function
D) Invoke a map
E) Invoke a Business Object


4. Which option is true about Person to Person relationships?

A) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
B) A Person can only be related to one other Person using a given Relationship Type.
C) Recursive Person to Person relationships are possible.
D) Recursive Person to Person relationships are possible, but only with different Relationship Types.


5. Which two are valid sources from which Bill Messages can be retrieved after a Bill is completed?

A) Contract Type
B) Person
C) Account's Customer Class
D) Account
E) Bill Segment Type


Solutions:

Question # 1
Answer: A,B,E
Question # 2
Answer: D
Question # 3
Answer: A,C,E
Question # 4
Answer: D
Question # 5
Answer: D,E

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