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Exam Code: 1z1-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Jul 30, 2026

Number: 79 Q&As with Testing Engine

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Oracle 1z1-322 Exam Overview:

Certification Vendor:	Oracle
Exam Name:	Oracle Revenue Management and Billing 2 Implementation Essentials (1Z0-322)
Exam Number:	1Z0-322
Certificate Validity Period:	Not specified (Oracle certification validity policy may vary)
Exam Price:	$245 USD (may vary by region)
Related Certifications:	Oracle Revenue Management and Billing Oracle Utilities certifications
Exam Format:	Multiple choice
Passing Score:	Not publicly disclosed (scaled score system may apply)
Exam Duration:	120 minutes
Real Exam Qty:	Approximately 50–70 (not officially published)
Available Languages:	English
Recommended Training:	Oracle University Training
Exam Registration:	Pearson VUE Oracle Exams Oracle Certification Registration
Sample Questions:	Oracle 1z1-322 Sample Questions
Exam Way:	Computer-based exam delivered via Pearson VUE (online proctored or test center)
Pre Condition:	Recommended knowledge of Oracle Revenue Management and Billing concepts and enterprise billing systems experience
Official Syllabus URL:	https://education.oracle.com

Oracle 1z1-322 Exam Syllabus Topics:

Section	Objectives
Topic 1: Configuration and Setup	- Product and pricing configuration 1. Service products setup 2. Pricing rules and structures - Customer and contract setup 1. Contract management setup 2. Account configuration
Topic 2: 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 3: Revenue Recognition	- Revenue reporting 1. Revenue allocation methods 2. Revenue schedules - Revenue accounting principles 1. Deferred revenue handling 2. Revenue recognition rules setup
Topic 4: Integration and Reporting	- System integration 1. Integration with upstream systems 2. Integration with downstream ERP systems - Reporting and analytics 1. Standard reporting tools 2. Custom reporting capabilities
Topic 5: Billing and Invoicing	- Invoice management 1. Invoice generation and delivery 2. Invoice lifecycle handling - Billing execution 1. Bill generation process 2. Bill adjustments and corrections

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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