Oracle 1z1-322 real exam prep : 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 is true about Person to Person relationships?

A) Recursive Person to Person relationships are possible, but only with different Relationship Types.
B) A Person can only be related to one other Person using a given Relationship Type.
C) Recursive Person to Person relationships are possible.
D) A Person to Person relationship that includes the Financial Relationship means that the "parent" will receive copies of the"child's" bills.


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

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


3. When setting up pricing for a customer, which option allows you to prevent product prices from parent pricelists being used?

A) the Inheritance flag on the Price Assignment
B) the Apply To flag on the Price Assignment
C) the Ignore flag on the Price Assignment
D) the Inheritance flag on the Price List Assignment
E) the Priority on the Price List Assignment


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) Customer Information only
B) Main
C) Account Information only
D) Main and Customer Information
E) Account Information only and Customer Information


5. Which architecture tier provides security authentication when logging in to ORMB?

A) Application Server
B) Database
C) Web Server
D) WebApplication Server
E) User Interface Tier


Solutions:

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

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