Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials: 1z1-415 Exam
"Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials", also known as 1z1-415 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 85 Q&As to your 1z1-415 Exam preparation. In the 1z1-415 exam resources, you will cover every field and category in Oracle FLEXCUBE Certification helping to ready you for your successful Oracle Certification.
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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Payments and Channels | - Payment processing
|
| FLEXCUBE Architecture Overview | - System architecture and components
|
| Accounting and Financial Integration | - General ledger integration
|
| Interfaces and Integration | - External system integration
|
| Product and Pricing Configuration | - Product setup and lifecycle
|
| Batch Processing and Operations | - End-of-day processing
|
| Core Banking Configuration | - Deposits and loans
|
| Security and User Management | - Access control
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
Identify four Document Clause types that are available in the system for the LC module. (Choose four.)
- A. invoice
- B. others
- C. drafts
- D. packing list
- E. insurance
- F. certificates
- G. transport
Correct Answer: A,B,E,G 🗳️
For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)
- A. Trf_Amt for both the legs
- B. Amt_Equiv for both the legs
- C. Amt_Equiv and Trf_Amt, respectively
- D. Trf_Amt and Amt_Equiv, respectively
Correct Answer: A 🗳️
Where should you configure Spot Days for deals? (Choose the best answer.)
- A. in the Currency Level parameter
- B. in the Bank Level parameter
- C. in the foreign exchange Products Level parameter
- D. in the Branch Level parameter
Correct Answer: A 🗳️
Back-to-back LC contracts can be handled in Oracle FLEXCUBE. Which statement is true about a back-to-back LC? (Choose the best answer.)
- A. it is possible to enable the back-to-back flag only for an export LC.
- B. All active and authorized export LCs are available for linkage, irrespective of different counter parties.
- C. An export LC can be linked to only one import LC.
- D. Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.
Correct Answer: C 🗳️
A bank has entered into a foreign exchange forward contract with an exporter This forward exchange rate needs to be picked up by the system for all export bills handled for this exporter Which option satisfies this requirements (Choose the best answer.)
- A. Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE Use the user-defined fields to capture the exchange rate
- B. Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE and link the same to the bill contract
- C. Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract.
- D. Create a separate bill product and foreign exchange product for handling this requirement
Correct Answer: B 🗳️
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