Exam Title: Oracle Communications BRM Elastic Charging Engine 2017 Implementation Essentials
Exam Number: 1Z0-321
Exam Price: $245.00 More on exam pricing
Format: Multple Choice
Duration: 120 Minutes
Number of Questions: 73
Passing Score: 60%
Validated Against: Exam has been validated against Oracle Communications Billing and Revenue Management 7.5.

Associated Certification Paths
Passing this exam is required to earn these certifications. Select each certification title below to view full requirements.
Oracle Communications BRM Elastic Charging Engine 2017 Certified Implementation Specialist

Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.

OPN Guided Learning Paths
· Oracle Communications Convergent Charging Sales Specialist
· Oracle Communications Convergent Charging Pre-Sales Specialist

Training Courses/Boot-camps
· Oracle Communications BRM Pricing Design Center Implementation
· Oracle Communications Revenue Management Suite Implementation
· Billing and Revenue Management Billing and Finance 7.5
· Billing and Revenue Management Functional Overview 7.5
· Billing and Revenue Management API Developer 7.5
· Billing and Revenue Management System Administration 7.5

Functional and Architectural Overview of the Revenue Management Suite (RMS)
Describe the Revenue Management System (RMS) components and architecture
Explain Billing and Revenue Management (BRM) functionality and the integration points with the other RMS components
Explain Elastic Charging Engine (ECE) functionality and integration points with other RMS components
Explain Pricing Design Center (PDC) functionality and integration points with other RMS components
Explain Oracle Communications Offline Mediation Controller (OCOMC) functionality and integration points with other RMS components
Explain Convergent Charging Controller (CCC) functionality and integration points with other RMS components

Customer and Partner Management
Create and manage customer data
Explain the Subscriber Lifecycle Management functionality

Usage Charging
Troubleshoot Rating and Discounting processes
Perform re-rating in BRM
Configure and run the BRM Suspense Manager
Explain content partner settlement and remittance functionality

Reporting and Analytics
Configure and run the Business Intelligence (BI) Publisher for reporting
Explain how BRM is integrated with Oracle Communications Data Mining (OCDM) for analytics
Describe the BRM Revenue Assurance function

Extensibility and Integrations
Extend Policy Opcodes and Customer Center using the BRM Software Development Kit (SDK)
Describe the features of Enterprise Application Integration (EAI) Manager, WebServices Manager, and Java 2 Platform Enterprise Edition (J2EE) Connector Architecture (JCA) Resource Adapter
Program BRM using PIN and PCM Macros
Configure an input and output Flist for a specified BRM Opcode
Customize the registration process, which includes identifying the opcodes used, and changing fields validation
Customize event creation and enable event notification
Configure and deploy a new service
Set up configurable bill items and display them on invoices
Describe Application Integration Architecture (AIA) for Communications

Pricing Configuration using Pricing Design Center (PDC)
Describe pricing and charging concepts and terminology
Explain the PDC Pricing Model
Create pricing profiles
Translate business offerings into PDC pricing objects using the PDC UI
Set up a product offering using PDC; including charge offers, discount offers, bundles, packages, and selectors

Elastic Charging Engine (ECE)
Configure ECE
Implement Rating, Discounting, and re-rating functionality using ECE
Integrate ECE with BRM and PDC
Modify ECE business logic using custom code
Configure a notification using ECE

Billing and Finance
Configure flexible cycles and run billing scripts
Configure a bill cycle that includes account groups and customer segments
Configure, execute, and monitor the billing time processes
Configure trial billing, trial invoicing, corrective billing, and corrective invoicing
Configure a BRM general ledger
Describe the different BRM tax procedures
Describe BRM payment processes
Configure a Collections Scenario
Analyze and correct suspended payments

Operation, Administration and Optimization
Identify, troubleshoot, and debug common BRM problems
Analyze and improve BRM Connection Manager (CM), Data Manager (DM), and Billing performance
Partition event tables in order to purge BRM data
Explain the Oracle recommended method for planning and implementing an upgrade
Explain the integration and management of RMS components with Oracle Enterprise Manager (OEM) , using the Application Management Pack (AMP)

QUESTION 1
Which two statements are correct in regard to upgrading Billing and Revenue Management (BRM) to a new version? (Choose two.)

A. An incremental upgrade means that you have to run a migration script on the database schema.
B. A direct upgrade means that you do not have to perform any upgrade on the database schema.
C. You must keep all BRM components running during the upgrade of the database schema.
D. You must check the list of new hardware and software supported by the new version of BRM and perform the necessary upgrades before any BRM upgrade.
E. You must back up the BRM files and the BRM database before the upgrade.

Answer: D,E

QUESTION 2
You submit a changeset by using Pricing Design Center (PDC). After submitting the changeset, you notice that the changeset remains in pending state.
What is the cause of this pending state?

A. The BRM Gateway is not running.
B. You did not run ImportExportPricing to send the changes to Elastic Charging Engine (ECE).
C. The transformation engine is not running.
D. The EM Gateway is not running.
E. The Pricing Updater is not running.

Answer: C

Explanation:
Reference
https://docs.oracle.com/cd/E22185_01/doc.111/e24095/ins_troubleshoot.htm#PDCIN254

QUESTION 3
In a charge offer, which two options are valid when defining when to apply taxes? (Choose two.)

A. after computing the charge
B. at billing
C. at invoicing
D. before discounting
E. during re-rating

Answer: B,C

QUESTION 4
You have created a new event-request specification (named EventTelcoGprs4G) for a new service.
Which two Coherence query statements will verify that the new request specification is stored in the Elastic Charging Engine (ECE) cache? (Choose two.)

A. select balance () from RequestSpecification
B. select key (), value () from RequestSpecification
C. select key (), value () from RequestSpec
D. select key () from RequestSpec
E. select * from RequestSpecification

Answer: B,D

QUESTION 5
What are temporary balance elements used for?

A. applying multiple charges to the same charge offer
B. passing information between rating and discounting
C. passing information between discounts
D. defining custom rules
E. defining rateable usage metrics (RUMs)

Answer: C
Explanation:

Click here to view complete Q&A of 1Z0-321 exam
Certkingdom Review, Certkingdom PDF Torrents

Best Oracle 1Z0-321 Certification, Oracle 1Z0-321 Training at certkingdom.com