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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What do you use to describe a group of tables that hold an object's physical data?

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

2. Which two are valid options for breaking an active Payment Arrangement?

A) Let the system monitors break the Payment Arrangement.
B) Manually break the Payment Arrangement.
C) Reduce the number of installments to zero.
D) Cancel the Payment Arrangement.
E) Create a Transfer Adjustment to move the debt away from the Payment Arrangement.

3. When setting up pricing for a customer, which option allows you to prevent product prices from parent pricelists being used?

A) the Priority on the Price List Assignment
B) the Inheritance flag on the Price List Assignment
C) the Ignore flag on the Price Assignment
D) the Inheritance flag on the Price Assignment
E) the Apply To flag on the Price Assignment

4. How do you set up a customer in ORMB?

A) Create a Contract.
B) Create an Account.
C) Create a Billable Charge.
D) Create a Person.
E) Create a Person and an Account.

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

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

Solutions: