1z1-322 exam dumps

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  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • No. of Questions: 79 Questions and Answers
  • Updated: Aug 01, 2026

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Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Topic 1: Revenue Management and Billing Fundamentals- Core concepts of Oracle Revenue Management and Billing
  • 1. Key business objects and entities
    • 2. System architecture overview
      - Business processes overview
      • 1. Revenue lifecycle flow
        • 2. Billing lifecycle flow
          Topic 2: 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
                  Topic 3: Billing and Invoicing- Billing execution
                  • 1. Bill adjustments and corrections
                    • 2. Bill generation process
                      - Invoice management
                      • 1. Invoice generation and delivery
                        • 2. Invoice lifecycle handling
                          Topic 4: Revenue Recognition- Revenue accounting principles
                          • 1. Revenue recognition rules setup
                            • 2. Deferred revenue handling
                              - Revenue reporting
                              • 1. Revenue schedules
                                • 2. Revenue allocation methods
                                  Topic 5: Configuration and Setup- Product and pricing configuration
                                  • 1. Pricing rules and structures
                                    • 2. Service products setup
                                      - Customer and contract setup
                                      • 1. Contract management setup
                                        • 2. Account configuration

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          1. Which is an invalid source of XML schema used in real-time integration?

                                          A) UI Map
                                          B) Business Object
                                          C) Request Schema
                                          D) Response Schema
                                          E) Business Service


                                          2. What is the correct sequence of steps required to create and implement a plug-in?

                                          A) Write program logic, create Algorithm Type referencing program, create Algorithm referencing Algorithm Type, plug in Algorithm into applicable plug-in point.
                                          B) Write program logic, create Algorithm Type referencing program, plug in Algorithm Type into applicable plug-in point.
                                          C) Write program logic, plug in to appropriate plug-in point.
                                          D) Write program logic, create Algorithm referencing program, plug in Algorithm into applicable plug-in point.
                                          E) Write program logic directly into plug-in point.


                                          3. Which three Adjustment statuses indicate that Financial Transactions exist for the Adjustment?

                                          A) Incomplete
                                          B) Canceled
                                          C) Frozen
                                          D) Freezable
                                          E) Error


                                          4. Which option describes the configuration steps required to allow a user to generate a letter for a customer from the Customer Contact dashboard zone?

                                          A) Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
                                          B) Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Required Characteristic to the Contact Type for the Letter Type, add a Contact Shorthand to the Contact Type.
                                          C) Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
                                          D) Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Contact Shorthand to the Contact Type.
                                          E) Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type


                                          5. In what scenario is a Bill Period mode of recurrence typically used?

                                          A) when billing on an annual basis
                                          B) to create a Bill Segment for the whole month
                                          C) to create a Bill Segments with a specific end-date
                                          D) to generate a bill on a specific date
                                          E) when billing on a monthly basis


                                          Solutions:

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

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