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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Basic Instructions and Retail Telling | - Retail Teller Operations
|
| 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
|
| Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
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) REIN
B) AVAL
C) BISS
D) BOOK
2. 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) Trf_Amt and Amt_Equiv, respectively
C) Amt_Equiv for both the legs
D) Amt_Equiv and Trf_Amt, respectively
3. Which three are methods of revaluation used in a foreign exchange product? (Choose three.)
A) redonimation
B) Net Present Value
C) rebate
D) straight line
4. 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 must be manually authorized.
B) The transactions are automatically directed to a referral queue
C) The transactions are automatically authorized on upload.
D) The transactions are rejected
5. In LC Product Maintenance, different product types can be maintained. Which product type should be used if the LC is not backed by documents? (Choose the best answer)
A) Export LC
B) Clean LC
C) import LC
D) Standby Guarantee
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B,C,D | Question # 4 Answer: D | Question # 5 Answer: B |
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