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Updated: Sep 05, 2026
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Oracle 1z1-322 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Revenue Management and Billing 2 Implementation Essentials |
| Exam Number: | 1z0-322 |
| Real Exam Qty: | 70 - 79 |
| Available Languages: | English |
| Related Certifications: | Oracle Financial Services Certification Oracle Industries Implementation Specialist |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice, Multiple Answer |
| Exam Duration: | 105 minutes |
| Exam Price: | $245 USD |
| Passing Score: | 63% - 64% |
| Recommended Training: | Functional: Oracle Revenue Management and Billing Learning Path |
| Exam Registration: | Oracle MyLearn Registration Oracle Education Certification Page |
| Sample Questions: | Oracle 1z1-322 Sample Questions |
| Exam Way: | Online proctored via Oracle MyLearn / Onsite at authorized test centers |
| Pre Condition: | No formal prerequisites; recommended 6+ months hands-on experience with Oracle Revenue Management and Billing |
| Official Syllabus URL: | https://education.oracle.com/oracle-revenue-management-and-billing-2-implementation-essentials/trackp_1028 |
Oracle 1z1-322 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payment & Financial Management | 20% | - Tender types and payment processing - Financial transactions and accounting - Payment arrangements and overdue processing |
| Topic 2: Customer & Account Management | 18% | - Contract types and characteristics - Account and Person entities - Customer class and divisions |
| Topic 3: Billing Configuration & Processing | 25% | - Rate structure and pricing components - Billable charges and adjustments - Bill cycle and bill segment setup - Bill generation and freeze/cancel |
| Topic 4: Integration & Implementation | 17% | - Business Process Assistant (BPA) scripts - Implementation best practices - Business Services and real-time integration |
| Topic 5: ORMB Framework & Architecture | 20% | - Framework concepts and components - UI Maps, Portals and Zones - Algorithms and plug-in logic - Maintenance Objects and Business Objects - Background processing and batch control |
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
Where should the actual Rate be stored to keep a Rate Schedule most flexible?
- A. on the Price Assignment
- B. on the Account
- C. on the Rate Components
- D. on the Bill Factors
- E. on the Customer
What happens when the source of Financial Transaction is canceled?
- A. The source Financial Transaction status is changed to canceled.
- B. A new reversal Financial Transaction is created.
- C. The source Financial Transaction status is changed to canceled and a new reversal Financial Transaction is created.
- D. The source Financial Transaction is deleted and a new reversal Financial Transaction is created.
- E. The source Financial Transaction is deleted.
What is the difference between a Service Script and a Plug-in Script?
- A. Service Scripts have predefined input/outputs while Plug-in Scripts have user-configured input/outputs.
- B. Service Script has an Edit Data step type and Plug-in Script does not.
- C. Service Script executes on the server side while a Plug-in Script does not.
- D. Service Script allows you to invoke Business Objects while a Plug-in Script does not.
- E. Service Scripts have user-configured input/outputs while Plug-in Scripts have predefined input/outputs.
What is specifically needed to turn an Adjustment into a Transfer Adjustment?
- A. the Adjustment Type needs two Distribution Codes
- B. the Generate Adjustment algorithm allows for it
- C. the Generate Adjustment algorithm allows for it and the user populates the Transfer Adjustment tab
- D. the user populates the Transfer Adjustment tab
- E. the Approval Profile has a debit and credit hierarchy
In what scenario is a Bill Period mode of recurrence typically used?
- A. to create a Bill Segments with a specific end-date
- B. when billing on a monthly basis
- C. to generate a bill on a specific date
- D. to create a Bill Segment for the whole month
- E. when billing on an annual basis
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