Learn with Oracle : 1z1-322 training material for 100% pass

Updated: Jul 28, 2026

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Oracle 1z1-322 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Revenue Management and Billing 2 Implementation Essentials (1Z0-322)
Exam Number:1Z0-322
Exam Duration:120 minutes
Available Languages:English
Real Exam Qty:Approximately 50–70 (not officially published)
Exam Price:$245 USD (may vary by region)
Certificate Validity Period:Not specified (Oracle certification validity policy may vary)
Exam Format:Multiple choice
Related Certifications:Oracle Revenue Management and Billing
Oracle Utilities certifications
Passing Score:Not publicly disclosed (scaled score system may apply)
Recommended Training:Oracle University Training
Exam Registration:Pearson VUE Oracle Exams
Oracle Certification Registration
Sample Questions:Oracle 1z1-322 Sample Questions
Exam Way:Computer-based exam delivered via Pearson VUE (online proctored or test center)
Pre Condition:Recommended knowledge of Oracle Revenue Management and Billing concepts and enterprise billing systems experience
Official Syllabus URL:https://education.oracle.com

Oracle 1z1-322 Exam Syllabus Topics:

SectionObjectives
Integration and Reporting- System integration
  • 1. Integration with downstream ERP systems
    • 2. Integration with upstream systems
      - Reporting and analytics
      • 1. Standard reporting tools
        • 2. Custom reporting capabilities
          Revenue Management and Billing Fundamentals- Business processes overview
          • 1. Revenue lifecycle flow
            • 2. Billing lifecycle flow
              - Core concepts of Oracle Revenue Management and Billing
              • 1. Key business objects and entities
                • 2. System architecture overview
                  Revenue Recognition- Revenue accounting principles
                  • 1. Revenue recognition rules setup
                    • 2. Deferred revenue handling
                      - Revenue reporting
                      • 1. Revenue schedules
                        • 2. Revenue allocation methods
                          Billing and Invoicing- Billing execution
                          • 1. Bill adjustments and corrections
                            • 2. Bill generation process
                              - Invoice management
                              • 1. Invoice lifecycle handling
                                • 2. Invoice generation and delivery
                                  Configuration and Setup- Product and pricing configuration
                                  • 1. Pricing rules and structures
                                    • 2. Service products setup
                                      - Customer and contract setup
                                      • 1. Account configuration
                                        • 2. Contract management setup

                                          Oracle Revenue Management and Billing 2 Implementation Essentials Sample Questions:

                                          1. Which option describes the step required to configure a type of payment that will reduce the current balance but not the payoff balance?

                                          A) Create a Payment SegmentType and Tender Type with a Financial Algorithmwith a Payoff value of 0.
                                          B) Create a Tender Source and Tender Type with a Financial Algorithmwith a Payoff value of 0.
                                          C) Create a Tender Type with a Financial Algorithmwith a Payoff value of 0.
                                          D) Create a Payment Segment Type with a Financial Algorithm with a Payoffvalue of 0.
                                          E) Create a Tender Source with a Financial Algorithm with a Payoffvalue of 0.


                                          2. What is specifically needed to turn an Adjustment into a Transfer Adjustment?

                                          A) the user populates the Transfer Adjustment tab
                                          B) the Adjustment Type needs two Distribution Codes
                                          C) the Generate Adjustment algorithm allows for it
                                          D) the Generate Adjustment algorithm allows for it and the user populates the Transfer Adjustment tab
                                          E) the Approval Profile has a debit and credit hierarchy


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

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


                                          4. Which two are valid sources from which Bill Messages can be retrieved after a Bill is completed?

                                          A) Bill Segment Type
                                          B) Contract Type
                                          C) Person
                                          D) Account's Customer Class
                                          E) Account


                                          5. In what scenario is a Bill Period mode of recurrence typically used?

                                          A) to generate a bill on a specific date
                                          B) when billing on an annual basis
                                          C) when billing on a monthly basis
                                          D) to create a Bill Segment for the whole month
                                          E) to create a Bill Segments with a specific end-date


                                          Solutions:

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

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