Oracle 1z1-322 Exam : Oracle Revenue Management and Billing 2 Implementation Essentials

Oracle 1z1-322 exam
  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: Jul 26, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-322 Exam Syllabus Topics:
SectionWeightObjectives
Billing Configuration & Processing25%- Billable charges and adjustments
- Bill cycle and bill segment setup
- Rate structure and pricing components
- Bill generation and freeze/cancel
Payment & Financial Management20%- Payment arrangements and overdue processing
- Financial transactions and accounting
- Tender types and payment processing
Customer & Account Management18%- Customer class and divisions
- Contract types and characteristics
- Account and Person entities
Integration & Implementation17%- Business Services and real-time integration
- Implementation best practices
- Business Process Assistant (BPA) scripts
ORMB Framework & Architecture20%- Background processing and batch control
- UI Maps, Portals and Zones
- Maintenance Objects and Business Objects
- Algorithms and plug-in logic
- Framework concepts and components
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. When does the system check a user's access rights when one Business Object invokes another Business Object?

A) Access Rights are never checked for Business Objects, only Maintenance Objects.
B) Access Rights are checked for boththe initial andthe final Business Objects that are invoked.
C) Access Rights are checked only for the initial Business Object that is invoked.
D) Access Rights are optional.
E) Access Rights are checked only for the final Business Object that is invoked.


2. Which two are valid options for breaking an active Payment Arrangement?

A) Reduce the number of installments to zero.
B) Let the system monitors break the Payment Arrangement.
C) Manually break the Payment Arrangement.
D) Create a Transfer Adjustment to move the debt away from the Payment Arrangement.
E) Cancel the Payment Arrangement.


3. Which three options can be used to display a User Interface (UI) map as a part of Business Process Assistant (BPA) Script?

A) Portal
B) Pop-Up
C) Zone
D) Page
E) Business Process Assistant (BPA) Script Area


4. What do ORMB's flexible workflow, business rules, and user interface emphasize?

A) Coding
B) Customization
C) Single use
D) Personalization
E) Configuration


5. The types of debt handling supported in ORMB are _____________.

A) Open Item and Balance Forward
B) Balance Forward only
C) Open Item and Current Item
D) FIFO and Balance Forward
E) Open Item and Pay-It-Forward


Solutions:

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

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