Oracle Industries 1Z0-996-21 Questions & Answers

• Question 41:

  Which four statements correctly describe what a Service Agreement Type controls? (Choose four.)

  A. It controls the Late Payment Charge Calculation Method.

  B. It controls the Service Type to be billed.

  C. It controls the valid Rates that can be applied to the service agreement type.

  D. It controls debt age.

  E. It controls where the bill is to be sent.

  Correct Answer: ABCD

• Question 42:

  Throughout its lifecycle, an asset's disposition changes as it is moved between locations and service statuses.

  Which are valid asset dispositions?

  A. Receiving; Installed; Storage; Retired

  B. In Receipt; In Field; In Stores; Retired

  C. In Receipt; Installed; In Stores; Retired

  D. Receiving; In Field; Storage; Retired

  Correct Answer: B

• Question 43:

  New: An electric utility is starting an Advanced Meter Infrastructure (AMI) roll-out for their residential customers. The initial plan is to roll out devices from their manufacturer with potentially three different device models. The customer has not decided what head-end systems they will use to communicate with these devices. Based on the customer's initial roll-out strategy, the devices will have to be configured consistently to support existing tariffs for billing.

  Which is a valid consideration to determine the setup of device type administrative data for this implementation?

  A. billing usage rules

  B. the model number

  C. the device's date of manufacturer

  D. valid head-end systems, valid device configuration types, and the electricity service type

  Correct Answer: C

• Question 44:

  Which major entities hold the key geographic, demographic, and financial information related to a customer who is financially responsible for a property?

  A. Account, Bill, Customer Class, Premise, Service Agreement

  B. Account, Bill, Premise, Service Agreement, Service Port

  C. Account, Person, Premise, Service Agreement, Service Port

  D. Account, Customer Class, Person, Premise, Service Agreement

  E. Account, Customer Class, Premise, Service Agreement, Service Port

  Correct Answer: C

  Reference: https://docs.oracle.com/cd/E18733_01/pdf/E18367_V1_01.pdf (3)

• Question 45:

  Which three statements are true in relation to Financial Transaction creation algorithms? (Choose three.)

  A. They control how the payoff balance is affected.

  B. They control when a Financial Transaction is to be swept onto a bill.

  C. They control how the General Ledger details are created as these must always exist against a Financial Transaction.

  D. They control if and how the General Ledger entries are created.

  E. They control how the current balance is affected.

  Correct Answer: ABD

  Reference: https://docs.oracle.com/cd/E18733_01/pdf/E18368_V1_01.pdf

• Question 46:

  Within the application, operational devices can be assets or components.

  Which two statements are true about components? (Choose two.)

  A. Components are attached to assets.

  B. Components have a disposition that tracks their location and status.

  C. Components can be installed at locations.

  D. Components are not a class of assets.

  E. Components can't have specifications.

  Correct Answer: AC

• Question 47:

  Which statement correctly describes the relation between a device and a measuring component?

  A. A device configuration links a device only to interval channels.

  B. Two measuring components on the same device should have the same Units of Measure (UOM).

  C. A device should have only one measuring component type.

  D. A device can have any combination of interval and/or scalar measuring components.

  Correct Answer: D

  Reference: https://docs.oracle.com/cd/E26671_02/PDF/E18186_05.pdf (33)

• Question 48:

  As part of the service order processing, the algorithm D1-CNSPINSDV (Connect SP and/or Install Device) determines if a specific activity needs to be created based on the state of the service point.

  Based on the status of the service point, what can this algorithm create?

  A. Device

  B. Device Configuration

  C. Smart Meter Command

  D. Service Point

  Correct Answer: D

  Reference: https://docs.oracle.com/cd/E63094_01/PDF/SGG_SOM_Configuration_Guide_v2_1_0_3.pdf

  (18)

• Question 49:

  There has been a meter exchange at a service point in the past year.

  How many installation events exist for the service point for the past year?

  A. Two

  B. One

  C. Four

  D. None

  E. Three

  Correct Answer: B

  Reference: https://docs.oracle.com/cd/E18733_01/pdf/E18368_V2_01.pdf

• Question 50:

  Which entity defines the type of collection process to start based on age of debt, amount of debt, and type of customer?

  A. Debt Class

  B. Customer Class

  C. Collection Class Control

  D. Collection Class

  E. Collection Process Template

  Correct Answer: A

  Reference: https://docs.oracle.com/cd/E28945_01/4.3%20Collect%20Revenue/CCandB%20URM% 204.3.2.1.pdf