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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Where should the actual Rate be stored to keep a Rate Schedule most flexible?

A) on the Rate Components
B) on the Account
C) on the Bill Factors
D) on the Price Assignment
E) on the Customer

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

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

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

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

4. Which option describes the steps that allow new custom data fields, that only accept numeric values, to be stored against a Customer?

A) Create a validation Algorithm, define a Field on the Person table, and set the Algorithm as the Validation Rule.
B) Create a Validation Algorithm, define a Lookup to hold the values, and set the Algorithm as the Java Value Name.
C) Create a validation Algorithm, define a Field on the Customer table, and then set the Algorithm as the Validation Rule.
D) Define a Predefined Value Characteristic for the Person entity and add the digits 0-9 as Predefined values.
E) Create a validation Algorithm, define an Adhoc Value Characteristic for the Person entity, and set the Algorithm as the Validation Rule.

5. Older Maintenance Objects are maintained using object maintenance. How are the business objects of newer Maintenance Objects maintained?

A) Portal Maintenance
B) ConfigLab
C) Character Large Object (CLOB)
D) Basic Large Object (BLOB)
E) Data Dictionary

Solutions: