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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which entity defines the type of collections process to start based on age of debt, amount of debt, and type of customer?

A) Collection Class Control
B) Debt Class
C) Customer Class
D) Collection Class
E) Collection Process Template

2. In what scenario is a Bill Period mode of recurrence typically used?

A) to create a Bill Segment for the whole month
B) when billing on an annual basis
C) to generate a bill on a specific date
D) when billing on a monthly basis
E) to create a Bill Segments with a specific end-date

3. Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

A) Bill Factor Value
B) Explicitly Specified
C) Service Quantity
D) Bill Factor
E) Rate Component Value Algorithm

4. Which statement is correct about Phantom Bundles?

A) The ratio of product quantities is used to determine the total quantity for discount purposes.
B) Pricing is not defined at the Bundle level.
C) The ratio of product quantities is used to determine the rate for volume-based pricing.
D) Pricing is defined at the Bundle level.
E) For pricing, the quantities of the services used for the products in the bundle are combined into in overall total that is priced.

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

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

Solutions: