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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Bills and Collections | - Bills Processing
|
| Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Basic Instructions and Retail Telling | - Retail Teller Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. You can create the Reimbursement LC product type in Oracle FLEXCUBE. When will a bank create a contract under the product type Reimbursement? (Choose the best answer.)
A) when the bank acts as an issuing bank
B) when the bank acts as an advising bank
C) when the bank acts as a claiming bank
D) when the bank acts as a reimbursing bank
2. A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life.
What would the value be? (Choose the best answer.)
A) almost 0
B) o
C) equal to the original cost of the new asset of the same type
D) 1
3. What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)
A) amount to be swept i n
B) minimum sweep amount
C) balance in the debit account that should trigger the sweep
D) balance in the credit account that should trigger the sweep
4. Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)
A) Value Date
B) Booking Date
C) Amend Date
D) Spot Date
5. Assuming that a bank entered into a USD Spot Deal with a customer on Monday, January 15, and that there are no holidays during the week, on which date will the transaction be settled in the system? (Choose the best answer.)
A) as per the Spot days maintained on the Branch Parameters screen
B) as per the Spot days maintained on the Currency Pair Definition screen for USD
C) as per the Spot days maintained on the Currency Definition screen for USD
D) as per the Spot days maintained on the Bank Parameters screen
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: A,B,D | Question # 5 Answer: C |
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