Oracle Revenue Management and Billing 2 Implementation Essentials : 1z1-322

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Jun 02, 2026     Q & A: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. If you need to allocate the revenue from financial transactions to different general leger accounts based on the contract type, which option describes the configuration items involved?

A) Contract Type, GL Account Algorithm, and Revenue Class
B) Distribution Code, Contract Type, Rate Component, and Revenue Class
C) Contract Type, Rate Component, and Revenue Class
D) Distribution Code, Contract Type, and Rate Component


2. Which option describes the objects to be configured to limit a user's access to selected accounts?

A) a Data Access Group, a Data Role, and a User Group
B) a Data Access Group and a Data Role
C) an Account Management Group, a Data Access Group, a Data Role
D) an Account Management Group, a Data Access Group, a Data Role, and a User Group
E) an Account Management Group and a User Group


3. Which three options are possible causes for a user not being able to add a Characteristic of a given Characteristic Type against an Account?

A) The value entered for the Characteristic Type doesn't meet the validation rules.
B) The Characteristic Type is not enabled for the Account Entity.
C) The Characteristic Type is not enabled for the Account Entity for the Account's Division.
D) The Characteristic Type is not enabled for the Account's Customer Class.
E) The Characteristic Type is not enabled for the Account's Division.


4. When does the system check a user's access rights when one Business Object invokes another Business Object?

A) Access Rights are checked only for the final Business Object that is invoked.
B) Access Rights are optional.
C) Access Rights are checked for boththe initial andthe final Business Objects that are invoked.
D) Access Rights are checked only for the initial Business Object that is invoked.
E) Access Rights are never checked for Business Objects, only Maintenance Objects.


5. Which is an invalid source of XML schema used in real-time integration?

A) Business Object
B) Request Schema
C) Business Service
D) UI Map
E) Response Schema


Solutions:

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

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