Oracle Industries 1Z0-996-21 Questions & Answers

• Question 31:

  A usage subscription must exist before usage transactions can be calculated for a specific service point.

  Where do you configure the usage recipient?

  A. in the Usage Rule Type

  B. in the Service Point Type

  C. in the Device Type

  D. in the Measuring Component Type

  E. in the Usage Subscription Type

  Correct Answer: E

  Reference: https://docs.oracle.com/cd/E59115_01/Files/4.2.2.1%20MDMv2.0.1%20Calculate% 20Usage.pdf

• Question 32:

  How many devices can be installed at a service point at an instance in time?

  A. exactly one device

  B. up to three devices

  C. one for each service type

  D. one for each measuring component

  Correct Answer: A

  Reference: https://docs.oracle.com/cd/E80256_01/PDF/MDM-SGG_Business_User_Guide_v2_2_0_0.pdf

• Question 33:

  Which two statements about usage subscription types are correct? (Choose two.)

  A. Usage subscription types define the main billing contact.

  B. Usage subscription types define the time zone.

  C. Usage subscription types define the valid service point types.

  D. Usage subscription types define the recipient of the usage.

  Correct Answer: BC

  Reference: https://docs.oracle.com/cd/E26671_02/PDF/E18186_05.pdf (40, 41)

• Question 34:

  Approval Profiles control which aspects of an Adjustment?

  A. whether current and/or payoff balance are affected by the adjustment

  B. control how adjustments are approved

  C. if an adjustment requires approval before it's frozen

  D. information defaulted on an Adjustment

  E. whether the adjustment should appear on the customer's next bill

  Correct Answer: A

  Reference: https://docs.oracle.com/cd/E73180_01/PDF/4.1.1.1%20CCB.v2.5.Manage%20Adjustment% 20and%20Adjustment%20Approval.pdf

• Question 35:

  Measuring components are either subtractive or consumptive. Which statement correctly describes these two concepts?

  A. Subtractive measuring components are associated only with water service, whereas consumptive measuring components are for gas and electric services.

  B. Subtractive measuring components are used to measure demand, whereas consumptive measuring components are used to measure how much was consumed since the previous reading.

  C. Subtractive measuring components are associated with deductive meters, whereas consumptive

  measuring components are not.

  D. A subtractive measuring component's consumption for a given period of time is the end measurement minus the start measurement. A consumptive measuring component's consumption is simply the measurement itself, and represents the consumption for the period of time since the previous measurement was taken.

  Correct Answer: B

  Reference: https://docs.oracle.com/cd/E91711_01/PDF/MDM-SGG_Business_User_Guide_v2_2_0_2.pdf

• Question 36:

  How many derived values can a final measurement have in addition to the primary measured value?

  A. 2

  B. 15

  C. 10

  D. 5

  Correct Answer: C

  Reference: https://docs.oracle.com/cd/E18729_01/pdf/E18293_01.pdf (80)

• Question 37:

  Which usage rule would be used to retrieve scalar measurements and convert the total from one unit of measure to another?

  A. Get Scalar Details and Math

  B. Get Scalar Details and Apply Formula

  C. A custom set of usage rules must be written.

  D. Get Scalar Details and Axis Conversion

  Correct Answer: D

  Reference: https://docs.oracle.com/cd/E18729_01/pdf/E18187_01.pdf

• Question 38:

  When the source of a Financial Transaction is canceled, what does it result in?

  A. The source Financial Transaction is deleted and a new reversal Financial Transaction is created.

  B. A new reversal Financial Transaction is created.

  C. The source Financial Transaction status is changed to "Canceled".

  D. The source Financial Transaction is deleted.

  E. No change occurs.

  Correct Answer: A

• Question 39:

  When you cancel a payment, what will the system automatically do?

  A. generate a new Financial Transaction to reverse the original Financial Transaction

  B. cancel all tenders associated with the payment

  C. impact the credit rating

  D. charge a NSF Fee for the payment cancellation

  Correct Answer: D

• Question 40:

  What can cause a bill segment to have multiple bill calculation headers?

  A. multiple Rate Version Calculation Group

  B. multiple Scheduled Read Dates covered by the bill period

  C. proration at Bill Factor level

  D. multiple service agreements being covered by a bill segment

  E. proration at Calculation Rules level

  Correct Answer: C