1Z0-996-21 by Oracle Actual Free Exam Q&As

Question 1

Approval Profiles control which aspects of an Adjustment?

A. information defaulted on an Adjustment B. control how adjustments are approved C. if an adjustment requires approval before it's frozen D. whether current and/or payoff balance are affected by the adjustment E. whether the adjustment should appear on the customer's next bill

Discussion 0

Correct Answer: D Vote an answer

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Question 2

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

A. They control how the current balance is affected. B. They control how the payoff balance is affected. C. They control how the General Ledger details are created as these must always exist against a Financial Transaction. D. They control when a Financial Transaction is to be swept onto a bill. E. They control if and how the General Ledger entries are created.

Discussion 0

Correct Answer: B,D,E Vote an answer

Question 3

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

A. Usage subscription types define the valid service point types. B. Usage subscription types define the recipient of the usage. C. Usage subscription types define the time zone. D. Usage subscription types define the main billing contact.

Discussion 0

Correct Answer: A,C Vote an answer

Question 4

Which statement supports usage transaction calculation?

A. Bill determinants are derived from the final measurements of the measuring components or devices installed at the usage subscription's service points during the calculation period. B. Bill determinants are derived from the initial measurement data of the measuring components installed at the usage subscription's devices during the calculation period. C. Bill determinants are derived from the initial measurement data of the measuring components devices installed at the usage subscription's service points during calculation period. D. Bill determinants are derived from the final measurements for only interval measuring components or devices installed at the usage subscription's service points during the calculation period.

Discussion 0

Correct Answer: A Vote an answer

Question 5

How many bill segment-related financial transactions do pay plans have?

A. depends on the number of payments that is part of the pay plan B. one C. none D. unlimited E. depends on the number of bills that will contain the customer's pay plan commitments

Discussion 0

Correct Answer: E Vote an answer

Question 6

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

A. Two measuring components on the same device should have the same Units of Measure (UOM). B. A device should have only one measuring component type. C. A device configuration links a device only to interval channels. D. A device can have any combination of interval and/or scalar measuring components.

Discussion 0

Correct Answer: D Vote an answer

Question 7

Which option correctly describes the high-level process from loading measurements through calculating usage?

A. 1. Load Initial Measurements
2. Validate, evaluate, and estimate Initial Measurements
3. Update Initial Measurements
4. Calculate Usage B. 1. Load Initial Measurements
2. Verify, evaluate, and enter Initial Measurements
3. Create Final Measurements
4. Calculate Usage C. 1. Load Initial Measurements
2. Validate, edit, and estimate Initial Measurements
3. Create Final Measurements
4. Update Initial Measurements D. 1. Load Initial Measurements
2. Validate, edit, and estimate Initial Measurements
3. Create Final Measurements
4. Calculate Usage

Discussion 0

Correct Answer: B Vote an answer

Question 8

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

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

Discussion 0

Correct Answer: D Vote an answer

Oracle Utilities Customer Cloud Service 2021 Implementation Essentials - 1Z0-996-21 Exam Practice Test