Oracle 1z1-415 Actual Tests : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

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Oracle 1z1-415 Exam Syllabus Topics:

Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:

1. In case an auto authorization limit is not specified in PC Source Parameter Maintenance, what would happen to transactions that belong to the customer, source, and product category combination'? (Choose the best answer.)

A) The transactions are automatically authorized on upload.
B) The transactions are automatically directed to a referral queue
C) The transactions are rejected
D) The transactions must be manually authorized.

2. 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 and link the same to the bill contract
B) Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE Use the user-defined fields to capture the exchange rate
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

3. Identify four Document Clause types that are available in the system for the LC module. (Choose four.)

A) others
B) packing list
C) insurance
D) drafts
E) transport
F) invoice
G) certificates

4. Oracle FLEXCUBE offers inbuilt and automatic linkage between various modules. Identify the correct linkage that is applicable to the Fixed Asset (FA) module. (Choose the best answer)

A) Fixed Asset and Allocation
B) Fixed Asset and Teller
C) Fixed Asset and Asset Management
D) Fixed Asset and Expense Processing

5. A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)

A) the advising bank
B) the collecting bank
C) the paying bank
D) the confirming bank

Solutions: