1Z0-996-21 Exam Dumps Pass with Updated 2022 Certified Exam Questions [Q10-Q28]

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1Z0-996-21 Exam Dumps Pass with Updated 2022 Certified Exam Questions

1Z0-996-21 Exam Questions – Real & Updated Questions PDF

Oracle 1Z0-996-21 Exam Syllabus Topics:

Topic	Details
Topic 1	Explain the high level process of loading measurements through to calculating usage Explain the relationships between usage transactions and usage subscriptions
Topic 2	Manage Overpayment and Payment Distribution Explain the concept of a measuring component and the strcutures that represent them
Topic 3	Configure new VEE groups that contain base packate VEE rules and apply a VEE group to a device or device type Explain the derived values and how they are associated with the final measurements
Topic 4	Explain the concept of a Service Order (“Orchrestrator”) Activity Explain the concept of an install event and the relationship between devices and service points
Topic 5	Explain the possible relationships between measuring components, service points and usage subscriptions Explain the IMD exception statuses and the Automatic Retry functionality
Topic 6	Explain the concept of Service Order Children Activities Maintain and Manage Customer Information

Q10. When you cancel a payment, what will the system automatically do?

generate a new Financial Transaction to reverse the original Financial Transaction

cancel all tenders associated with the payment

impact the credit rating

charge a NSF Fee for the payment cancellation

Q11. Which business object performs critical validations whenever initial measurements are loaded?

D1-IMDRetry

D1-GenericIMDMain

D1-IMDSeeder

D1-IMDPreVEE

D1-IMDPeriod

Q12. Your client has three requirements:
1. Apply validations on meter reads coming from the Data Collectors.
2. If a meter read does not pass the validation, an error will be generated and assigned to a user.
3. Retry the validation every 30 minutes for the errors in case the issue is related to configuration.
Which statement describes the base functions you should use?

If a To Do entry is created on the VEE exception, the IMD’s Next Retry Date/Time is set to 30 minutes, and then processed by the algorithm D1-COMP-TD (Complete To Do Entries).

If a To Do entry is created on the VEE exception, the IMD’s Next Retry Date/Time is set to 30 minutes, and then processed by the algorithm D1-IMD-RETRY (Retry Initial Measurement Data Processing)

If a To Do entry is created on the VEE exception, the user will need to discard the IMD and a new IMD will be loaded after 30 minutes.

If a To Do entry is created on the VEE exception, the IMD’s Next Retry Date/Time is set to 30 minutes, and then processed by the algorithm D1-CRE-IMDTD (Create To Do)

If a To Do entry is created on the VEE exception, the user will need to discard the IMD and a new IMD will be manually loaded.

Q13. At what stage in the initial measurement data (IMD) import process will the application of meter multipliers be performed?

Critical Validation

VEE

Prepare for VEE

post-VEE

Q14. What correctly describes the order in which algorithms, if plugged in, are executed when a bill changes from the “Pending” state to the “Complete” state?

Service Agreement Type – Pre-Bill Completion; Service Agreement Type – Bill Completion; Customer Class – Pre-Bill Completion; Customer Class – Bill Completion; Customer Class – Post-Bill Completion

Customer Class – Pre-Bill Completion; Customer Class – Bill Completion; Service Agreement Type – Pre- Bill Completion; Service Agreement Type – Post-Bill Completion

Customer Class – Pre-Bill Completion; Service Agreement Type – Pre-Bill Completion; Customer Class – Bill Completion; Service Agreement Type – Bill Completion; Customer Class – Post-Bill Completion

Service Agreement Type – Pre-Bill Completion; Customer Class – Pre-Bill Completion; Service Agreement Type – Bill Completion; Customer Class – Bill Completion; Customer Class – Post-Bill Completion

Service Agreement Type – Pre-Bill Completion; Customer Class – Pre-Bill Completion; Service Agreement Type – Bill Completion; Customer Class – Bill Completion; Service Agreement Type – Post-Bill Completion; Customer Class – Post-Bill Completion

Q15. Which statement correctly describes the relation between a device and a measuring component?

A device configuration links a device only to interval channels.

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

A device should have only one measuring component type.

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

Q16. How many service agreements are linked to a severance process?

all service agreements that are connected to the initiating overdue process

one

any number defined by the business user

zero – accounts are linked to severance processes

all service agreements that are connected to the initiating collection process

Q17. Your customer’s initial measurement data (IMD) has been imported and can be viewed through the Measuring Component portal, but is not in the “Final” measurement status.
What can you assume that the IMD has passed?

Critical Validation

Multiplier Check Validation

Sum Check Validation

Critical Validation, High/Low Check Validation, and Sum Check Validation

High/Low Check Validation

Q18. Approval Profiles control which aspects of an Adjustment?

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

control how adjustments are approved

if an adjustment requires approval before it’s frozen

information defaulted on an Adjustment

whether the adjustment should appear on the customer’s next bill

Reference:
%20Adjustment%20Approval.pdf

Q19. Which two plug-in spots can call the rating functionality using base package-supplied algorithm types? (Choose two.)

Adjustment Type – Adjustment FT Creation

Billable Charge Template

Bill Segment Type – Bill Segment Create

Adjustment Type – Generate

Bill Segment Type – Bill Segment FT Creation

Q20. What correctly describes the possible causes of price proration?

change in Bill Factor only

changes in Rate Schedule and Bill Factor only

change in Rate Schedule only

change in Rate Version Calculation Group only

changes in Rate Version Calculation Group and Bill Factor only

Q21. Which three statements are true about usage subscriptions? (Choose three.)

A usage subscription can have either parent or child service points.

A usage subscription can be configured to include only a portion of a service point usage.

A usage subscription can have many service points.

Usage subscriptions are always related to an account.

A usage subscription can have only one service point.

Q22. How do you ensure that specific Validation, Editing, and Estimation (VEE) rules are applied to estimated measurements?

by adding the estimation rules to the Manual Override VEE Group to the Measuring Component Type

by adding the VEE Group to the Device Configuration Type

by adding the VEE Group as the Fallback VEE Group for the appropriate VEE role

by adding the VEE Group to the Device Type

Q23. You are configuring a VEE group to include rules to be executed when loading the initial measurement data (IMD).
What is the VEE group directly associated with?

Device Type and Measuring Component Type

Measuring Component Type

Device Type

Usage Type

Device Configuration Type

Q24. How many devices can be installed at a service point at an instance in time?

exactly one device

up to three devices

one for each service type

one for each measuring component

Q25. Which entity defines the type of collection process to start based on age of debt, amount of debt, and type of customer?

Debt Class

Customer Class

Collection Class Control

Collection Class

Collection Process Template

Q26. What happens when a device’s measuring components are reconfigured (a new measuring component will be read) at a service point?

A device with a new configuration type is created.

The original installation event is updated with the “removal” (expire old device configuration).

A device with a new configuration type is created. Moreover, a new installation event is created to ‘install” (new device configuration).

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).

A new installation event is created to “install” (new device configuration).

Q27. Measuring components are either subtractive or consumptive.
Which statement correctly describes these two concepts?

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

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

Subtractive measuring components are associated with deductive meters, whereas consumptive measuring components are not.

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.

Q28. What Service Order activity types does the application include?

Start Service; Stop Service; Cut for Non-Payment; Reconnect Service for Payment; Exchange Meter; Move-In/Move-Out Service

Start Service; Stop Service; Install Meter; Remove Meter; Exchange Meter; Move-In/Move-Out Service

Enable Service; Disable Service; Install Meter; Remove Meter; Exchange Meter; Back-to-Back Service

Enable Service; Disable Service; Cut for Non-Payment; Reconnect Service for Payment; Exchange Meter; Back-to-Back Service

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1Z0-996-21 Exam Dumps Pass with Updated 2022 Certified Exam Questions [Q10-Q28]

Oracle 1Z0-996-21 Exam Syllabus Topics:

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