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Last Updated: Sep 05, 2026
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Oracle 1z1-322 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Revenue Recognition | - Revenue accounting principles
|
| Revenue Management and Billing Fundamentals | - Core concepts of Oracle Revenue Management and Billing
|
| Integration and Reporting | - System integration
|
| Configuration and Setup | - Customer and contract setup
|
| Billing and Invoicing | - Invoice management
|
Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:
Which two statements are correct about Option Types?
- A. OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
- B. No option types on a Business Object, only Maintenance Objects
- C. For multi Option Types,the framework returns the option value "nearest" to the BO.
- D. For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
- E. Option Types allow you to add fields to a BO/State without having to change the database.
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
When setting up pricing for a customer, which option allows you to prevent product prices from parent pricelists being used?
- A. the Priority on the Price List Assignment
- B. the Ignore flag on the Price Assignment
- C. the Apply To flag on the Price Assignment
- D. the Inheritance flag on the Price List Assignment
- E. the Inheritance flag on the Price Assignment
When a child Business Object exists, which option correctly describes access rights?
- A. Access Rights are optional.
- B. Access Rights are never required for Business Objects, only MaintenanceObjects
- C. Access Rights are required only for the user at the parent Business Object level.
- D. Access Rights are required only for the user at the child Business Object level.
- E. Access Rights are required for the user at both the parent and child Business Objects levels.
Which two plug-in spots call the Rating functionality through base package-supplied Algorithm Types?
- A. Adjustment Type - Adjustment FT Creation
- B. Bill Segment Type - Bill Segment Create
- C. Adjustment Type - Generate
- D. Billable Charge Template
- E. Bill Segment Type - Bill Segment FT Creation
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