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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. 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 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.
C) Define a user selectable Status Reason value for the lifecycle status.
D) Add a Transition Condition of Status Reason on the Next Status settings that refer to that 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 Element option referring to the element on the lifecycle status.

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

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

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

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

4. Which option is true about Person to Person relationships?

A) Recursive Person to Person relationships are possible, but only with different Relationship Types.
B) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
C) A Person can only be related to one other Person using a given Relationship Type.
D) Recursive Person to Person relationships are possible.

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

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

Solutions: