Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
1. Which architecture tier provides security authentication when logging in to ORMB?
A) WebApplication Server
B) Database
C) Application Server
D) User Interface Tier
E) Web Server
2. Which option describes the minimum steps to be performed to assign a PriceList to an account?
A) Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing
B) Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
C) Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
D) Configure Rates, Create Rate Definitions, Create Products, Assign Productsto 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
3. Which two are valid options for breaking an active Payment Arrangement?
A) Let the system monitors break the Payment Arrangement.
B) Reduce the number of installments to zero.
C) Cancel the Payment Arrangement.
D) Manually break the Payment Arrangement.
E) Create a Transfer Adjustment to move the debt away from the Payment Arrangement.
4. What is the correct sequence of steps required to create and implement a plug-in?
A) Write program logic directly into plug-in point.
B) Write program logic, create Algorithm referencing program, plug in Algorithm into applicable plug-in point.
C) Write program logic, create Algorithm Type referencing program, create Algorithm referencing Algorithm Type, plug in Algorithm into applicable plug-in point.
D) Write program logic, plug in to appropriate plug-in point.
E) Write program logic, create Algorithm Type referencing program, plug in Algorithm Type into applicable plug-in point.
5. What two Payment statuses will create a Financial Transaction for a payment?
A) Complete
B) Error
C) Freezable
D) Frozen
E) Cancelled
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: E | Question # 3 Answer: B,E | Question # 4 Answer: E | Question # 5 Answer: B,D |


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