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Oracle 1z1-322 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management and Billing 2 Implementation Essentials (1Z0-322)
Exam Number:1Z0-322
Real Exam Qty:Approximately 50–70 (not officially published)
Passing Score:Not publicly disclosed (scaled score system may apply)
Exam Price:$245 USD (may vary by region)
Exam Format:Multiple choice
Available Languages:English
Certificate Validity Period:Not specified (Oracle certification validity policy may vary)
Exam Duration:120 minutes
Related Certifications:Oracle Revenue Management and Billing
Oracle Utilities certifications
Recommended Training:Oracle University Training
Exam Registration:Oracle Certification Registration
Pearson VUE Oracle Exams
Sample Questions:Oracle 1z1-322 Sample Questions
Exam Way:Computer-based exam delivered via Pearson VUE (online proctored or test center)
Pre Condition:Recommended knowledge of Oracle Revenue Management and Billing concepts and enterprise billing systems experience
Official Syllabus URL:https://education.oracle.com

Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Billing and Invoicing- Billing execution
  • 1. Bill adjustments and corrections
    • 2. Bill generation process
      - Invoice management
      • 1. Invoice lifecycle handling
        • 2. Invoice generation and delivery
          Configuration and Setup- Customer and contract setup
          • 1. Contract management setup
            • 2. Account configuration
              - Product and pricing configuration
              • 1. Service products setup
                • 2. Pricing rules and structures
                  Revenue Recognition- Revenue reporting
                  • 1. Revenue schedules
                    • 2. Revenue allocation methods
                      - Revenue accounting principles
                      • 1. Deferred revenue handling
                        • 2. Revenue recognition rules setup
                          Revenue Management and Billing Fundamentals- Core concepts of Oracle Revenue Management and Billing
                          • 1. System architecture overview
                            • 2. Key business objects and entities
                              - Business processes overview
                              • 1. Revenue lifecycle flow
                                • 2. Billing lifecycle flow
                                  Integration and Reporting- System integration
                                  • 1. Integration with downstream ERP systems
                                    • 2. Integration with upstream systems
                                      - Reporting and analytics
                                      • 1. Custom reporting capabilities
                                        • 2. Standard reporting tools

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          1. Which mapping rule saves a user from mapping data again when multiple elements reside on the same row?

                                          A) MapRow
                                          B) RowChild
                                          C) RowRef
                                          D) RowField
                                          E) RowElement


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

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


                                          3. What two Payment statuses will create a Financial Transaction for a payment?

                                          A) Frozen
                                          B) Cancelled
                                          C) Complete
                                          D) Error
                                          E) Freezable


                                          4. Which two options will cause the system to automatically create an appropriate entry in the Disaggregation table?

                                          A) assigning a Price List to atransaction
                                          B) overriding Effective Pricing for a Product that is assigned to an Account
                                          C) changing the Effective End Date of the Product Pricing assigned to an Account or a Customer
                                          D) assigning a Price List to an Account
                                          E) changing the Effective Start Date of the Product Pricing assigned to an Account or a Customer


                                          5. Which entity is Revision Control enabled on?

                                          A) Business Object
                                          B) Portals and Zones
                                          C) Maintenance Object
                                          D) Both Business and Maintenance Objects
                                          E) Portals


                                          Solutions:

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

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