Oracle 1Z0-996 Online Practice Questions and Exam Preparation

Oracle 1Z0-996 Online Questions & Answers

• Question 61:

  How many bill segment-related financial transactions do Payment Arrangements have?

  A. depends on the number of bills that will contain the customer's payment arrangement details
  B. one
  C. depends on the number of payments that are part of the payment arrangement
  D. unlimited
  E. none
  B. one

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  Reference: https://docs.oracle.com/cd/E63856_01/4.2%20Manage%20Device%20Measurements%20and%20Bill%20Customers/4.2.2.12%20CCB.v2.4.Manage%20Payment%20Arrangement%20Charges.pdf (14)

• Question 62:

  What happens when a device's measuring components are reconfigured (a new measuring component will be read) at a service point?

  A. A device with a new configuration type is created.
  B. The original installation event is updated with the "removal" (expire old device configuration).
  C. A device with a new configuration type is created. Moreover, a new installation event is created to `install" (new device configuration).
  D. The original installation event is updated with the "removal" (expire old device configuration) and a new installation event is created to "install" (new device configuration).
  E. A new installation event is created to "install" (new device configuration).
  D. The original installation event is updated with the "removal" (expire old device configuration) and a new installation event is created to "install" (new device configuration).

• Question 63:

  On which three entities can proration be disabled? (Choose three.)

  A. Calculation Rule Business Object
  B. Bill Factor
  C. Calculation Rule
  D. Rate Version Calculation Group
  E. Rate Schedule
  A. Calculation Rule Business Object
  D. Rate Version Calculation Group
  E. Rate Schedule

• Question 64:

  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
  B. One

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

• Question 65:

  For a customer to receive a Subscription communication, what must they have?

  A. an active address contact preference
  B. an active address type preference
  C. an active person contact preference
  D. an active account contact preference
  D. an active account contact preference

• Question 66:

  When configuring the Get Scalar Details usage rule, which three attributes can be defined to retrieve scalar values? (Choose three.)

  A. Unit of Measure
  B. Device ID
  C. Service Quantity Identifier
  D. Time of Use
  E. Service Point ID
  B. Device ID
  D. Time of Use
  E. Service Point ID

• Question 67:

  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.
  A. They control how the payoff balance is affected.
  B. They control when a Financial Transaction is to be swept onto a bill.
  D. They control if and how the General Ledger entries are created.

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

• Question 68:

  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
  C. proration at Bill Factor level

• Question 69:

  Which two plug-in spots can call the rating functionality using base package-supplied algorithm types? (Choose two.)

  A. Adjustment Type - Adjustment FT Creation
  B. Billable Charge Template
  C. Bill Segment Type - Bill Segment Create
  D. Adjustment Type - Generate
  E. Bill Segment Type - Bill Segment FT Creation
  A. Adjustment Type - Adjustment FT Creation
  E. Bill Segment Type - Bill Segment FT Creation

• Question 70:

  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.
  B. Usage subscription types define the time zone.
  C. Usage subscription types define the valid service point types.

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