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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 2: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Topic 5: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. In trade finance, forfaiting involves the purchase of receivables from exporters. Which statement is true about forfaiting in the Bills module of Oracle FLEXCUBE? (Choose the best answer.)
A) Forfaiting is allowed as a new operation at the Bill Contract level.
B) The system will not allow forfaiting as an operation while creating a product Only a change of operation to forfaiting is allowed.
C) A new operation "forfaiting11 has been introduced at the product level
D) A separate menu operation for forfaiting is introduced that can be mapped to a bill product
2. 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
3. The operation code "acceptance" is applicable for both export and import bills For the operation code "acceptance,1' identify the change of operation that is applicable only for import bills. (Choose the best answer.)
A) acceptance to forfeiting
B) acceptance to advance
C) acceptance to discount
D) acceptance to purchase
4. If an Outgoing Request for a debit transaction is approved, what would it result in? (Choose the best answer.)
A) incoming payment C outgoing direct debit
B) incoming direct debit
C) outgoing payment
5. Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)
A) fixed
B) notice
C) floating
D) call
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: B,D |
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