Oracle 1z1-322 real exam prep : Oracle Revenue Management and Billing 2 Implementation Essentials

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: May 31, 2026
  • Q&As: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

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

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


2. What is the correct sequence of steps for adding a new Zone with a non-standard user interface?

A) Create Zone; Reference new Zone on Portal or as a context-sensitive Zone or both; Create a new service; Create a new XSLT template file; Set up Zone Type meta-data
B) Set up Zone Type meta-data; Create Zone; Create a new service;Create a new XSLT template file; Reference new Zone on Portal or as a context-sensitive Zone or both
C) Create Zone; Set up Zone Type meta-data; Create a new service; Create a new XSLT template file; Reference new Zone on Portal or as a context-sensitive Zone or both
D) Create a new XSLT template file; Create Zone; Reference new Zone on Portal or as a context-sensitive Zone or both; Create a new service; Set up Zone Type meta-data
E) Create a new service; Create a new XSLT template file; Set up Zone Type meta-data; Create Zone; Reference new Zone on Portal or as a context-sensitive Zone or both


3. Which two statements are correct about Option Types?

A) For multi Option Types,the framework returns the option value "nearest" to the BO.
B) For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
C) No option types on a Business Object, only Maintenance Objects
D) Option Types allow you to add fields to a BO/State without having to change the database.
E) OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.


4. 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 can refer to a different Maintenance Object than its parent.
C) The Child Business Object needs to include its parent's schema in order to refer to it.
D) The Child Business Objectinherits the parent Business Object's schema.
E) The Child Business Object must refer to the same Maintenance Object as its parent.


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

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


Solutions:

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

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