Oracle 1z1-322 Q&A - in .pdf

  • 1z1-322 pdf
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Aug 13, 2026
  • Q & A: 79 Questions and Answers
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  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Aug 13, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-322 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Payment & Financial Management20%- Tender types and payment processing
- Payment arrangements and overdue processing
- Financial transactions and accounting
Topic 2: ORMB Framework & Architecture20%- UI Maps, Portals and Zones
- Framework concepts and components
- Maintenance Objects and Business Objects
- Background processing and batch control
- Algorithms and plug-in logic
Topic 3: Customer & Account Management18%- Customer class and divisions
- Account and Person entities
- Contract types and characteristics
Topic 4: Integration & Implementation17%- Business Services and real-time integration
- Business Process Assistant (BPA) scripts
- Implementation best practices
Topic 5: Billing Configuration & Processing25%- Bill cycle and bill segment setup
- Bill generation and freeze/cancel
- Rate structure and pricing components
- Billable charges and adjustments

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which three statements are true for base package-supplied Maintenance Objects?

A) Core business rules are written in COBOL.
B) Core business rules can be removed.
C) Core business rules can be extended.
D) Core business rules can be changed.
E) Core business rules are written in Java.


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

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


3. In addition to the base package tables/fields, which two options may be used to store additional attributes that may not fit into the base package tables/fields without introducing database changes?

A) Custom fields on base package tables
B) Basic Large Object (BLOB)
C) Custom child table(s) linked to base package parent tables
D) Character Large Object (CLOB)
E) Characteristics


4. Which architecture tier provides security authentication when logging in to ORMB?

A) Application Server
B) Database
C) User Interface Tier
D) WebApplication Server
E) Web Server


5. Which statement describes what happens when an Account is added to an Active Statement Construct?

A) Only the latest Bill produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
B) Bills produced for this Account prior to its Start Date in the Statement Detail and afterthe last Statement date will be included in the next Statement.
C) All Bills produced for this Account after its Start Date in the Statement Detail will be included in the next Statement.
D) Bills produced for this Account prior to its Start Date in the Statement Detail and after the Statement Construct has been made active will be included in the next Statement.
E) Bills produced for this Account after its Start Date in the Statement Detail will be included only in the next statement if they haven't been included in another statement.


Solutions:

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

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