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

  • Exam Code: 1z1-322
  • Exam Name: Oracle Revenue Management and Billing 2 Implementation Essentials
  • Updated: May 27, 2026
  • Q&As: 79 Questions and Answers

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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which option describes the configuration required when a Customer wants to receive three separate bills for separate products?

A) Create three Account/Personrelationships between the Person and the Account with the Receives Copy of Bill flag set.
B) Create Person to Person relationships between the Main Person and two "dummy" Persons.
C) Create three Contracts on the Person's Account.
D) Set the number of Bill Copies on the Account/Person to three.
E) Create three Accounts for the Person.


2. Which step type allows you to invoke another Business Process Assistant (BPA) Script and assumes the original Script has completed execution?

A) Go To Step
B) Transfer Control
C) Press a Button
D) Invoke Service Script
E) Perform Script


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


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

A) 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
B) 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
C) 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
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) 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


5. The calculation for one bill segment relies on information calculated by another bill segment for the same account. How should you do this?

A) Define the billing processing sequence on the Customer Class to control the order in which the Contracts are processed.
B) Define the billing processing sequence on the Contract Type to control the order in which the Contracts are processed.
C) Define the billing processing sequence on the Bill Segment Type to control the order in which the Bill Segments are processed.
D) Define the billing processing sequence on the Rate Schedule to control the order in which the Contracts are processed.
E) Define the billing processing sequence on the Rate Component to control the order in which the Bill Segments are processed.


Solutions:

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

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