[Full-Version] 2022 New Preparation Guide of Oracle 1Z0-996-21 Exam [Q31-Q51]

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[Full-Version] 2022 New Preparation Guide of Oracle 1Z0-996-21 Exam

1Z0-996-21 Practice Exam – 72 Unique Questions

Oracle 1Z0-996-21 Exam Syllabus Topics:

Topic	Details
Topic 1	Configure and Manage Credit & Collections and Overdue Processes Design and set up the admin data required to effectively configure a usage subscription
Topic 2	Expalin the categories of IMD exceptions (generated by VEE rules) Explain the different types of measuring components
Topic 3	Use the Get Scalar Details usage rule to retrieve scalar measurements for scalar internal measuring components Explain the differences between initial measurements, final measurements, and usage
Topic 4	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 5	Manage Overpayment and Payment Distribution Explain the concept of a measuring component and the strcutures that represent them
Topic 6	Explain the high level process of loading measurements through to calculating usage Explain the relationships between usage transactions and usage subscriptions
Topic 7	Explain the relationship between devices and measureing components Configure a new device config type and associate a measuring component to a device
Topic 8	Explain the concept of Service Order Children Activities Maintain and Manage Customer Information

NEW QUESTION 31
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

NEW QUESTION 32
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?

Device

Device Configuration

Smart Meter Command

Service Point

NEW QUESTION 33
How many derived values can a final measurement have in addition to the primary measured value?

NEW QUESTION 34
When a customer has a specific price for a defined quantity which is different to other customers, where is this specific price for the related Bill Factor defined?

Bill Factor Characteristic

Bill Factor Value

Service Agreement – Contract Value

Calculation Rule

Account Characteristic

NEW QUESTION 35
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).

NEW QUESTION 36
Which configuration steps are required to derive loss-adjusted kWh on a measuring component based on a loss factor value related to a service point?

Configure a Service Point Characteristic Type and derivation algorithm, and then associate the algorithm to the Measuring Component Type and the characteristic value to the service point.

Configure an SQI and the derivation algorithm, and then associate the algorithm to the Measuring Component Type and SQI to the service point.

Configure a factor and derivation algorithm, and then associate the factor to the Measuring Component Type and the derivation algorithm to the service point.

Configure a factor and derivation algorithm, and then associate both to the Measuring Component Type and service point.

Configure a Service Point Characteristic Type, factor, derivation algorithm, and Service Quantity Identifier (SQI), and then associate the SQI and derivation algorithm to the Measuring Component Type and the characteristic value to the service point.

NEW QUESTION 37
Which three statements are true about the different types of measuring components? (Choose three.)

Seconds-per-interval (SPI) is one of the attributes of scalar measuring components.

Only physical measuring components reference a device configuration.

The terms register and channel are synonyms for measuring component.

The measuring component types are physical, standalone, scratchpad, and TOU.

Scalar measuring components contain a single measurement for an arbitrary period of time.

NEW QUESTION 38
A Service Order Orchestrator determines the steps required to complete the service.
As an example, based on the state of the service point, what does the Enable Service Orchestrator determine the actions for?

Create a Device Configuration; Install a Device; Turn on the Device

Connect the Service Point; Install a Device; Create a Usage Subscription

Create a Service Point; Install a Device; Turn on the Device

Connect the Service Point; Install a Device; Turn on the Device

NEW QUESTION 39
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.

NEW QUESTION 40
The base package usage transaction business object is represented by D2-UsageTransaction. The usage calculation engine or process drives the specifics of the usage to be calculated on this business object.
Based on this, which three configuration areas will have an impact on the usage calculation process? (Choose three.)

VEE rule

TOU map

Usage Rule

Factor Override

NEW QUESTION 41
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

NEW QUESTION 42
Which statement is true about specifications?

Specifications include the inspection history of an asset.

Specifications apply only to assets and not to components.

Specifications can include peer specifications.

A single specification can only be used on one asset.

NEW QUESTION 43
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

NEW QUESTION 44
Which statement supports usage transaction calculation?

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.

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.

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.

Bill determinants are derived from the initial measurement data of the measuring components installed at the usage subscription’s devices during the calculation period.

NEW QUESTION 45
A usage subscription must exist before usage transactions can be calculated for a specific service point.
Where do you configure the usage recipient?

in the Usage Rule Type

in the Service Point Type

in the Device Type

in the Measuring Component Type

in the Usage Subscription Type

NEW QUESTION 46
Using a base-supplied algorithm type, what is payment distribution priority typically determined by?

Customer Class and Service Agreement Type

Payment Type + Debt Age

Debt Age

Service Agreement Type’s Priority and Debt Age

Customer Class and Debt Age

NEW QUESTION 47
What can cause multiple bill lines for a rate component to be produced in a bill calculation header?

changes in Rate Schedule and Bill Factor

changes in Rate Version Calculation Group and Bill Factor

change in Bill Factor

change in Rate Version Calculation Group

change in Rate Schedule

NEW QUESTION 48
Which four statements correctly describe what a Service Agreement Type controls? (Choose four.)

It controls the Late Payment Charge Calculation Method.

It controls the Service Type to be billed.

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

It controls debt age.

It controls where the bill is to be sent.

NEW QUESTION 49
Which three statements are correct for Adjustment Types? (Choose three.)

They can default an Adjustment Amount to adjustments.

They control how adjustments appear on bills.

They control whether a rate is to be called to calculate an adjustment amount.

They control the valid Service Agreement Types that adjustments can be linked to.

They control the valid Adjustment Profiles that adjustment types can belong to.

NEW QUESTION 50
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

NEW QUESTION 51
For a customer to receive a Subscription communication, what must they have?

an active address contact preference

an active address type preference

an active person contact preference

an active account contact preference

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Latest Questions 1Z0-996-21 Guide to Prepare Free Practice Tests: https://www.validexam.com/1Z0-996-21-latest-dumps.html

[Full-Version] 2022 New Preparation Guide of Oracle 1Z0-996-21 Exam [Q31-Q51]

Oracle 1Z0-996-21 Exam Syllabus Topics:

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