Oracle 1z0-415 : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

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Oracle 1z0-415 Exam Syllabus Topics:

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

Question 1

A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)

A. fields
B. linkages
C. settlement
D. collateral

Question 2

Assume that the documents presented under a sight LC are not discrepant. When will the negotiating bank pay the exporter after presentation of these documents?

A. after obtaining confirmation from the LC issuing bank
B. immediately
C. within five working days
D. within two working days

Question 3

How many charge rules can be associated with a funds transfer product code? (Choose the best answer)

A. one
B. two
C. nil
D. as many as possible

Question 4

A bank wants payment fate tracers to be generated automatically by the system. To which event should this tracer be attached and what is the name of this advice?

A. TPFT event and RESERVE_RELEASE advice
B. TPFT event and PAYMNTFATE_TRCR advice
C. TDIS event and DISCAPPRVLJRCR advice
D. TDIS event and PAYMNTFATE_TRCR advice

Question 5

Events and accounting entries are define in the product definition, i ne accounting entries in events are not mandatory tor a configured bi Product. A business user updates the Contract status manually to amend the payment status for the contracts under this SI Product.
Which SI Product is used to book a Contract to track only the payment status? (Choose the best answer.)

A. Variable Payment
B. Collection
C. Payment
D. Sweep (in and out)

Solutions: