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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which two statements are true about Business Object schema inheritance?

A) The Child Business Objectinherits the parent Business Object's schema.
B) The Child Business Object needs to include its parent's schema in order to refer to it.
C) The Child Business Object can refer to its parent's Schema but does not inherit it.
D) The Child Business Object must refer to the same Maintenance Object as its parent.
E) The Child Business Object can refer to a different Maintenance Object than its parent.

2. Which three options describe alternatives that could be used to make it necessary for a user to enter a reason for the change before changing the status of a Business Object?

A) Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add an Enter processing Algorithm that checks for the Status Reason.
B) Add a Transition Condition of Status Reason on the Next Status settings that refer to that status.
C) Define a user selectable Status Reason value for the lifecycle status.
D) Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a Required Element option referring to the element on the lifecycle status.
E) Add a Status Reason characteristic type for the Business Object entity, add a Status Reason element to the BO schema, add a required ="true" attribute on the schema element.

3. Which three statements are correct in reference to Case Type?

A) They define the template for outgoing letters.
B) They define multiple initial and final states within the Case's lifecycle.
C) They control the lifecycle of the Case.
D) They define if a Responsible User is required.
E) They define additional fields to be entered as part of the Case.

4. Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

A) Bill Factor Value
B) Bill Factor
C) Service Quantity
D) Explicitly Specified
E) Rate Component Value Algorithm

5. Which three options are controlled by an Adjustment Type?

A) How an Adjustment appears on a Bill
B) Valid Adjustment Profiles
C) If a Rate is to be called to calculate an amount
D) Valid Contract Types
E) Defaulting Adjustment amount

Solutions: