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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. What can the Web Self Service module be used for?

A) Bill Payment
B) Electronic Bill Presentment and Payment (EBPP)
C) Bill Printing
D) Collections
E) Workflow Management

2. Where should the actual Rate be stored to keep a Rate Schedule most flexible?

A) on the Rate Components
B) on the Customer
C) on the Account
D) on the Bill Factors
E) on the Price Assignment

3. If you need to allocate the revenue from financial transactions to different general leger accounts based on the contract type, which option describes the configuration items involved?

A) Contract Type, Rate Component, and Revenue Class
B) Distribution Code, Contract Type, and Rate Component
C) Contract Type, GL Account Algorithm, and Revenue Class
D) Distribution Code, Contract Type, Rate Component, and Revenue Class

4. Which two are valid sources from which Bill Messages can be retrieved after a Bill is completed?

A) Account
B) Person
C) Contract Type
D) Bill Segment Type
E) Account's Customer Class

5. Which option is true about Person to Person relationships?

A) A Person can only be related to one other Person using a given Relationship Type.
B) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.
C) Recursive Person to Person relationships are possible, but only with different Relationship Types.
D) Recursive Person to Person relationships are possible.

Solutions: