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Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

1. Which three events on a Business Object are multi-system events?

A) Post Processing
B) Pre-Processing
C) Audit
D) Information
E) Entry

2. What happens when the source of Financial Transaction is canceled?

A) The source Financial Transaction is deleted.
B) The source Financial Transaction status is changed to canceled and a new reversal Financial Transaction is created.
C) The source Financial Transaction is deleted and a new reversal Financial Transaction is created.
D) A new reversal Financial Transaction is created.
E) The source Financial Transaction status is changed to canceled.

3. What specialized version of Maintenance Objects is designed to represent the business?

A) Business Object
B) Basic Large Object (BLOB)
C) Data Area
D) Business Element
E) Character Large Object (CLOB)

4. Which three options are possible causes for a user not being able to add a Characteristic of a given Characteristic Type against an Account?

A) The value entered for the Characteristic Type doesn't meet the validation rules.
B) The Characteristic Type is not enabled for the Account's Division.
C) The Characteristic Type is not enabled for the Account Entity for the Account's Division.
D) The Characteristic Type is not enabled for the Account Entity.
E) The Characteristic Type is not enabled for the Account's Customer Class.

5. Which two statements are true about Business Object schema inheritance?

A) The Child Business Objectinherits the parent Business Object's schema.
B) The Child Business Object can refer to its parent's Schema but does not inherit it.
C) The Child Business Object must refer to the same Maintenance Object as its parent.
D) The Child Business Object needs to include its parent's schema in order to refer to it.
E) The Child Business Object can refer to a different Maintenance Object than its parent.

Solutions: