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Oracle 1z1-415 Exam Syllabus Topics:

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

1. 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) Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract.
C) Create a separate bill product and foreign exchange product for handling this requirement
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

2. In a particular depreciation method, the amount of depreciation provided by a bank on a fixed asset remains constant throughout the useful life of the asset. Which is this method? (Choose the best answer)

A) straight line method
B) written down value
C) activity depreciation method D sum of digits depreciation method

3. 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

4. Tenors can be maintained at the LC product level and defaulted at the contract level. Which tenor maintained on the Product Preference screen would default at the contract level'? (Choose the best answer.)

A) Minimum, Maximum, and Standard
B) Standard
C) Minimum
D) Maximum

5. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A) unlimited
B) five
C) three
D) four

Solutions: