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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which option identifies the tab(s) on Control Central as a Portal (and not as a fixed page) and allows implementations to configure additional Zones?

A) Main and Customer Information
B) Customer Information only
C) Main
D) Account Information only and Customer Information
E) Account Information only

2. Which two options are valid spots for plug-in logic?

A) Rate Component - Pricing Algorithm
B) Customer Class - Bill Completion
C) Customer Class -Bill Segment Freeze/Cancel
D) Bill Segment Type - Bill Segment Freeze/Cancel
E) Contract Type - Bill Creation

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

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

4. Which option describes the minimum steps to be performed to assign a PriceList to an account?

A) Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
B) Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
C) Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
D) Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
E) Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account

5. What can cause a Bill Segment to have multiple Bill Calculation Headers?

A) Proration at Rate Component Level
B) Multiple Contrasts being covered by a Bill Segment
C) Proration at Bill Factor level
D) Multiple Rate Versions
E) Multiple Billable Charges associated to one Contract

Solutions: