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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which architecture tier provides security authentication when logging in to ORMB?

A) Application Server
B) Database
C) Web Server
D) User Interface Tier
E) WebApplication Server

2. If a customer makes a payment for more than what is due for the account, which entity contains the logic for how this overpayment should be handled?

A) Customer Class
B) Installation Options
C) Pay Segment Type
D) Tender Type
E) Contract Type

3. 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 Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
D) Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
E) Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account

4. Which option describes the step required to configure a type of payment that will reduce the current balance but not the payoff balance?

A) Create a Tender Type with a Financial Algorithmwith a Payoff value of 0.
B) Create a Payment Segment Type with a Financial Algorithm with a Payoffvalue of 0.
C) Create a Tender Source and Tender Type with a Financial Algorithmwith a Payoff value of 0.
D) Create a Payment SegmentType and Tender Type with a Financial Algorithmwith a Payoff value of 0.
E) Create a Tender Source with a Financial Algorithm with a Payoffvalue of 0.

5. Which three actions can you perform in a plug-in script?

A) Invoke a map
B) Invoke a function
C) Invoke a service script
D) Invoke a Business Service
E) Invoke a Business Object

Solutions: