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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What happens when the source of Financial Transaction is canceled?

A) The source Financial Transaction status is changed to canceled.
B) A new reversal Financial Transaction is created.
C) The source Financial Transaction is deleted.
D) The source Financial Transaction status is changed to canceled and a new reversal Financial Transaction is created.
E) The source Financial Transaction is deleted and a new reversal Financial Transaction is created.

2. Which option describes the required order of steps to make a new standalone Portal visible to a user?

A) Create an Application Service, grant access to the Application Service to the User, create a Navigation Option, create a Menu Option, create the Portal, link the Menu Option and Application Service to the Portal.
B) Create an Application Service, grant access to the Application Service to the User, create the Portal, link the Application Service to the Portal, create a Navigation Option, link the Navigation Option to the Portal.
C) Create the Portal, add the Navigation Option to a Menu, grant access to the Application Service to the User
D) Create the Portal,createa Navigation Option, link the Navigation Option to the Portal, grant access to the Application Service to the User.
E) Create an Application Service, create a Navigation Option, create the Portal, link the Menu Option and Application Service to the Portal, grant access to the Application Service to the User

3. When setting up pricing for a customer, which option allows you to prevent product prices from parent pricelists being used?

A) the Priority on the Price List Assignment
B) the Inheritance flag on the Price List Assignment
C) the Ignore flag on the Price Assignment
D) the Apply To flag on the Price Assignment
E) the Inheritance flag on the Price Assignment

4. What is the correct hierarchy for background processing entities?

A) Batch Code, Execution Instance, Batch Run, Thread, Batch Message
B) Batch Control, Batch Run, Thread, Execution Instance, Batch Message
C) Batch Code, Thread, Batch Run, Execution Instance, Batch Message
D) Batch Run, Batch Code, Execution Instance, Batch Message, Thread
E) Batch Run, Batch Code, Batch Message, Execution Instance, Thread

5. What is the syntax used to declare elements that are held together and can have multiple entries for the same data?

A) Type=elements
B) Type=businessObject
C) Type=rowRef
D) Type=group
E) Type=list

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