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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Topic 2: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 5: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. Different events are triggered during the life cycle of an LC contract. Which event is triggered on issuance of an import LC t (Choose the best answer?)
A) BOOK
B) AVAL
C) BISS
D) REIN
2. What does in-house cheque deposit refer to? (Choose the best answer.)
A) a customer of a bank depositing a cheque into a related customer's account D a customer of a bank depositing a cheque of the same bank belonging to another customer into the account
B) a bank depositing a cheque given by a customer of the bank into its own account
C) a customer of a bank depositing a cheque into the bank's GL account
3. Merchandise can be classified and maintained in Oracle FLEXCUBE. Where would you maintain the merchandise that is involved in a trade transaction with an underlying LC? (Choose the best answer.)
A) Documents maintenance
B) INCO terms maintenance
C) Commodity Code maintenance
D) Merchandise code maintenance
4. 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) Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract.
B) Create a separate bill product and foreign exchange product for handling this requirement
C) Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE and link the same to the bill contract
D) Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE Use the user-defined fields to capture the exchange rate
5. Which maintenance can a teller use to make the exchange rate picked by a system in a transaction non-amendable? (Choose the best answer.)
A) Function Workflow definition detail
B) Function Group detail
C) Transaction Code maintenance
D) ARC maintenance
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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