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

1z1-322 real exams

Exam Code: 1z1-322

Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials

Updated: Sep 05, 2026

Q & A: 79 Questions and Answers

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Oracle 1z1-322 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Billing Configuration & Processing25%- Billable charges and adjustments
- Bill cycle and bill segment setup
- Rate structure and pricing components
- Bill generation and freeze/cancel
Topic 2: Customer & Account Management18%- Account and Person entities
- Customer class and divisions
- Contract types and characteristics
Topic 3: Integration & Implementation17%- Business Process Assistant (BPA) scripts
- Implementation best practices
- Business Services and real-time integration
Topic 4: ORMB Framework & Architecture20%- Maintenance Objects and Business Objects
- Framework concepts and components
- Background processing and batch control
- UI Maps, Portals and Zones
- Algorithms and plug-in logic
Topic 5: Payment & Financial Management20%- Payment arrangements and overdue processing
- Tender types and payment processing
- Financial transactions and accounting

Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

Question 1

Which option describes the configuration steps required to allow a user to generate a letter for a customer from the Customer Contact dashboard zone?

A. Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Contact Shorthand to the Contact Type.
B. Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
C. Define a Contact Class, define a Contact Type, define a Letter Template, set the Contact Action as Send Letter, add the Letter Template to the Contact Type, add a Required Characteristic to the Contact Type for the Letter Type, add a Contact Shorthand to the Contact Type.
D. Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type, add a Contact Shorthand to the Contact Type.
E. Define a Contact Class, define a Contact Type, define a Letter Template, add the Letter Template to the Contact Type, add an extract Algorithm Type to the Contact Type


Question 2

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

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


Question 3

How can Accounts be linked to Persons?

A. There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
B. There is no limit to the number of Contracts that can link a Person to an Account.
C. Only one Person can be linked to an Account at a time.
D. An Account can have a Main Customer and an alternate Customer.
E. You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.


Question 4

Which option identifies the tab(s) on Control Central as a Portal (and not as a fixed page) and allows implementations to configure additional Zones?

A. Account Information only and Customer Information
B. Main
C. Account Information only
D. Customer Information only
E. Main and Customer Information


Question 5

What is the difference between a Service Script and a Plug-in Script?

A. Service Scripts have user-configured input/outputs while Plug-in Scripts have predefined input/outputs.
B. Service Script allows you to invoke Business Objects while a Plug-in Script does not.
C. Service Script has an Edit Data step type and Plug-in Script does not.
D. Service Scripts have predefined input/outputs while Plug-in Scripts have user-configured input/outputs.
E. Service Script executes on the server side while a Plug-in Script does not.


Solutions:

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

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